Fintech industry bodies ask govt to allow blockchain ecosystem to grow organically SECTIONS Last Updated: Feb 18, 2021, 09:04 AM IST Share Synopsis The government has been in favour of using blockchain as a technology but has been against cryptocurrency, which is the tokenization of the same technology. Getty Images The industry sees the government both as an enabler and a customer for blockchain technology and expects sustained support for the development of the ecosystem in India. NEW DELHI: The Indian government should resist creating a framework to regulate blockchain for a while, said Global Impact FinTech, a grouping for 200 fintech entrepreneurs, and the Government Blockchain Association, another lobby group.