Reserve Bank of India still favors crypto prohibition to curtail tax evasion: Reuters

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Reserve Bank of India still favors crypto prohibition to curtail tax evasion: Reuters

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Indian regulators continue to favor crypto prohibition to curb tax evasion, according to Reuters, maintaining a hawkish stance despite the global trend of governments embracing digital assets and technology.

Indian regulators maintained a hawkish stance despite the growing embrace of digital assets and technology by governments worldwide.