Republic of india'south Prime number Government minister Narendra Modi awarded young entrepreneur Harshita Arora, the developer of a cryptocurrency price tracking application, amid an ongoing battle in her domicile country over the status of cryptocurrency.

In a tweet on Jan. 24, Modi said that Arora'southward "passion towards science, technology and human welfare are clearly visible." She received the Bal Shakti Puraskar 2022: an award recognizing youth'south contributions in the fields of social service, innovation, bravery, sports, art and culture and scholastics.

Arora was born on October. 2, 2001, and "created an app to safeguard investors from scammers," according to Modi's tweet. Her app, Crypto Toll Tracker, is a portfolio direction and price tracking app.

She too worked on the "Food AI" application that identifies food in pictures, and another application that helps biologists count cells in microscope images — the aptly named "CellCount."

The complicated situation of crypto in Bharat

The fact that the prime minister issued an official honor to a crypto-involved person is peculiarly interesting given the conditions for the cryptocurrency industry in the country.

Equally Cointelegraph recently reported, the Supreme Court of Republic of india this week listened to farther hearings in the landmark instance against the Reserve Depository financial institution of India's ban on banks' dealings with crypto-related businesses.

The case was brought to the highest courtroom in the country by the Net & Mobile Association of Republic of india after public and industry-led petitions against the RBI's imposition of a blanket ban on banks' services to crypto businesses back in April 2022, which came into effect in July of that yr.

Furthermore, some lawmakers in the Indian parliament have drafted a bill that would ban cryptocurrencies in the country outright. In July 2022, a copy of a nib entitled "Banning of Cryptocurrency & Regulation of Official Digital Currencies " leaked to the press.

The beak aims to ban any non-government digital assets and defines such avails every bit "whatsoever data or lawmaking or number or token not being part of any Official Digital Currency, generated through cryptographic means or otherwise, providing a digital representation of value."