Facebook's Libra plan or let the Indian government consider its encryption stance again

According to people familiar with the matter, Facebook's digital wallet Calibra will not appear in India because cryptocurrency is banned in India, and Facebook has not yet submitted any application for cryptocurrency to the Reserve Bank of India (RBI) in India. Nitin Sharma, founder of India's blockchain community Incrypt, said that in the long run, Libra plans could have a positive impact on the Indian encryption market. If citizens of other countries can use it, but Indians cannot, this will put pressure on regulators. They are asked to show their position on this digital currency and recognize that it is being used in large numbers.