India’s protracted struggle with crypto-related legislation has taken yet another confusing turn, while a range of options appears to be on the table for a key meeting to be held today – with the crypto-skeptic Prime Minister Narendra Modi set to make a decisive call in the next few hours.
The confusion is increasing with more “insiders” claiming that “a select few” tokens could be permitted under a system that bans most coins. Some observers even suggested that crypto mining could be banned – while non-fungible tokens (NFTs) could escape regulatory scrutiny.
Per the Economic Times, the perennial and perpetually anonymous “two persons familiar with the development” explained that crypto was on the agenda at a “high-level meeting held on
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