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India Holds Back From Full Crypto Law, Cites Systemic Risks

India is holding back from enacting a comprehensive cryptocurrency law, choosing instead to maintain partial oversight due to concerns about systemic risks, according to an internal government document reviewed by Reuters. Authorities caution that formal regulation would legitimize digital assets and risk embedding them into the financial system, while an outright ban would fail to […] Also read: UK Bitcoin Giant Smarter Web Targets Competitors to Secure FTSE 100 Spot