India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.
Indian regulators are reportedly considering a ban on cryptocurrencies again.
According to local outlet Hindustan Times, the government consulted experts who support banning cryptocurrencies in favor of a central bank digital currency (CBDC).
The news outlet cited two anonymous sources familiar with the matter, reporting that the consensus opinion is that the risks of cryptocurrencies outweigh their benefits.
