India’s crypto story is moving forward, but not without friction. In an exclusive conversation with Coinpedia, Ashish Singhal, Co-founder CoinSwitch, breaks down where things stand, from CBDCs and UPI dominance to Budget 2026, taxation, and why startups are quietly looking offshore.

UPI Dominates, But CBDC Plays a Different Game

Singhal makes it clear that India isn’t lacking payment solutions. Unified Payments Interface has already made transactions effortles