But the fud created by the government and the banks has put the public in confusion as to whether participate in any crypto related project or not.
I recently received a few mails from HDFC bank that they will not support any crypto related transactions.
I saw them too. My wife has an HDFC account. I agree with you, a lot of FUD in India.
But this app is launched globally. I am curious to see what people in other countries think of this.