Indian President Modi will make the final decision on the cryptocurrency regulatory process going forward.

According to Reuters on December 10, President Modi will make the final decision on the cryptocurrency regulatory process. The Indian government will hold a high-level meeting on Thursday to decide the views of all stakeholders and regulatory options for cryptocurrencies. These options include full restrictions, a limited portion of private cryptocurrencies, as well as the acceptance and processing of crypto products of all kinds. There are very few controlled cryptocurrencies. Sources familiar with the matter said the decision could be extended until Friday before the Indian government completes its policy. The Indian government is still discussing how to regulate DTVs. Many Indian companies considering expanding NFT businesses have postponed their plans due to concerns about the impact of the new policy.