Does India have room for both bitcoin and a CBDC?
As debate rages over whether India should ban private cryptos in favor of a central bank digital currency, a case could be made that India needs both.
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Sumit Gupta is co-founder and CEO of CoinDCX, India’s largest cryptocurrency trading platform and liquidity aggregator. Prior to establishing CoinDCX, Gupta worked as a software engineer for Sony in Tokyo. Gupta also founded ListUp, one of the first e-retailer companies with a location-based app. Gupta holds an undergraduate and master’s degree from the Indian Institute of Technology Bombay.