IT Association Comes Against Crypto Ban India

Nasscom, a major Indian IT trade organization has come out against a recently proposed government ban on crypto, offering alternative solutions. Nasscom said: “Instead, the government should work towards developing a risk-based framework to regulate and monitor cryptocurrencies and tokens. A ban would inhibit new applications and solutions from being deployed and would discourage tech startups. It would handicap India from participating in new use cases that cryptocurrencies and tokens offer.”

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