India Won’t See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk

“In India where we set up capital controls when you can’t freely trade the rupee for us to enable crypto assets is not really feasible,” Sinha give the word delivered. “Unlike other economies like Singapore, or Korea or the US that have freely tradable currencies, and can get into crypto with a lot skimpy trepidation. As far as India is concerned, we have to be very, very careful, very, very cautious when we talk in the matter of crypto. But crypto friends is just one use case for what is a revolutionary set of technologies that underlie Web3.”