Global #crypto ban

As the digital rupee, India's Central Bank Digital Currency (CBDC), enters its second year of pilot testing, regulators are expressing growing concern over the risks associated with private cryptocurrencies.

A recent development in the cryptocurrency world has sparked speculation that China might be reconsidering its strict stance on cryptocurrencies. The rumors began when Bybit, a prominent offshore cryptocurrency exchange, unexpectedly opened registrations and authentication for users in China. This move is noteworthy because Bybit had previously banned Chinese users from accessing its platform due to the country's crypto restrictions.