🚨 India's Crypto Crackdown 🚨
India is tightening its grip by pushing for CBDC over £50,978,493,883 & £94,921,700,242.🤔
CBDC, the government's digital currency, debuted in Dec 2022.
Govt. fears crypto's surge might overshadow CBDC's growth.
They argue CBDC matches £74,072,480,161 capabilities but with less risk.
Why the push for CBDC?
Control. 💰 Governments aim to monitor and manage transactions more closely.
By adopting CBDC, this control becomes seamless.
