🇮🇳 Indian lawmakers just grilled the RBI on their crypto stance
The question that matters: Why can't India regulate crypto like the rest of the world instead of trying to kill it?
RBI's response? "Not having a policy is also a policy."
Translation: They're choosing regulatory paralysis while the rest of the world moves forward. Classic bureaucratic stonewalling.
India has one of the largest crypto user bases globally but the RBI keeps acting like it's 2017. Meanwhile other major economies are building frameworks, not walls.
This isn't about protection anymore. It's about control through inaction.
The question that matters: Why can't India regulate crypto like the rest of the world instead of trying to kill it?
RBI's response? "Not having a policy is also a policy."
Translation: They're choosing regulatory paralysis while the rest of the world moves forward. Classic bureaucratic stonewalling.
India has one of the largest crypto user bases globally but the RBI keeps acting like it's 2017. Meanwhile other major economies are building frameworks, not walls.
This isn't about protection anymore. It's about control through inaction.