>>> The Indian government is more focused on protectionism and controls than on capitalizing on opportunities. Crypto is an opportunity? Heck no, when you want

>>> The Indian government is more focused on protectionism and controls than on capitalizing on opportunities. Crypto is an opportunity? Heck no, when you want to replace the existing system there must be some outstanding benefit which the new system should provide. Crypto has no such thing. In fact it would be trivial for the government to come out with some e-currency since UPI (https://en.wikipedia.org/wiki/Unified_Payments_Interface https://en.wikipedia.org/wiki/Unified_Payments_Interface) is already in place.