💡INDIA 🇮🇳 REMAINS IN THE GRAY CONCERNING CRYPTO ⚖️🪙

🚨 BREAKING: India’s new RBI Governor Sanjay Malhotra just issued a fresh crypto warning👀

NO CHANGE in India’s stance on crypto.

🔊 "Crypto can undermine financial stability," Malhotra declared, adding there's still no new policy on the horizon.

📍 What’s the current crypto status in India?

🔹 NOT banned ❌

🔹 NOT legalized ✅

🔹 DEEP in a regulatory limbo 🌀

🔹 RBI is still VERY concerned about crypto’s risks 💣

India 🇮🇳 remains in the crypto twilight zone; no clear law, no official recognition, and growing tension between regulation and innovation ⚔️

Why this matters now:

🌍 Global crypto adoption is surging 🌊

📱 Over 100 million+ Indian users are trading, investing & building in Web3 💥

📉 But face uncertain rules and lack of protections 🛑

Meanwhile, the government is still working on a discussion paper 📄 to shape future regulations but until then, the legal fog remains 😶‍🌫️