According to various sources acquainted with the situation who told CoinDesk, India’s government and central bank have received proposals requesting that the Unified Payments Interface (UPI), a widely used real-time payment system, be restored to the crypto business. There have previously been two suggestions. One individual familiar with the decision told CoinDesk that a third proposal will be made “in the coming few weeks” by India’s newly founded crypto policy advocacy group, the Bharat Web3 Association (BWA). While uncoordinated, the suggestions appear to be the first serious attempt by India’s crypto players to seek policy changes that regulate the budding industry since it was dealt a series of blows in the form of heavy taxes, a crypto winter, and a “shadow ban.”