India mulls new crypto ban to support CBDC, Lazarus Group strikes again: Asia Express
India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.
Indian regulators are reportedly considering a ban on cryptocurrencies again.
According to local outlet Hindustan Times, the government has been consulting experts who support banning cryptocurrencies in favor of a central bank digital currency (CBDC).
The news outlet cited two anonymous sources familiar with the matter, reporting that the consensus opinion is that the risks of cryptocurrencies outweigh their benefits.
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Author: Yohan Yun
