BREAKING: 🇮🇳 Indian crypto industry is still too small and the government sees no urgency to fast-track regulations. Key points: • India has high user adoption but weak developer activity compared to Japan, South Korea and the UAE. • Domestic VC funding has dried up due to regulatory uncertainty and most web3 funding now comes from global players and Indian exchanges. • Exchanges say crypto must solve real daily-life problems before regulation becomes a government priority. Source: Moneycontrol(Crypto India)