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India Wants to Use Crypto Tokens to Digitally Sign Documents

The Indian Ministry of Electronics and Information Technology (MeitY) wants to give users the ability to use crypto tokens to digitally sign documents in a new indigenous web browser, it revealed on Wednesday. India's central bank has opposed legalizing cryptocurrency and, at the same time, promoted its central bank digital currency (CBDC). The Indian finance ministry has not yet taken an official position on whether it would legalize or ban crypto despite taxing it and bringing it under global anti-money laundering standards. Among the desired features in the browser, the government has stated the requirement of "support for Web3."


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