Backing Cryptocurrencies as a store of value, Infosys co-founder Nandan Nilekani urged that Indians should be allowed to have crypto as an asset class. “Crypto as a transaction medium will not work as fast as UPI, which is targeting a billion transactions a day. But crypto has enormous capital,” he added. Finance Minister Nirmala Sitharaman also said that government is yet to decide which digital assets will be used and regulated, leaving a “window for experiments” for the industry.