India’s most prominent financial technology summit, the Global Fintech Fest (GFF) 2025, intentionally excluded private crypto and stablecoins from its main agenda. The move signals the government’s strategic pivot from speculative digital assets toward a state-managed digital transformation. It also coincided with a massive crackdown on offshore crypto exchanges, clarifying that India’s FinTech future focuses strictly on technologies under the purview of the government and the Reserve Bank of India (RBI). Government-Led Digital Transformation Dominates the Agenda The GFF 2025, held in Mumbai from October 7-9, featured major government figures, including the Union Finance Minister and officials from the RBI and the Ministry of Electronics and Information Technology (MeitY)
source: https://beincrypto.com/india-blocks-crypto-at-fintech-summit-amid-exchange-crackdown/