India Fintech Fest sidelines crypto amid cautious policy stance

At Mumbai’s Global Fintech Fest, organizers avoided cryptocurrency sessions, reflecting the government’s restrained outlook. Over 100,000 attendees discussed digital payments and central bank innovations, but crypto was largely absent. Officials focus on regulated fintech and CBDC pilots rather than private tokens. Industry participants say this signals slower innovation for local blockchain startups but aligns with India’s current regulatory balance. (Reuters)