caution
RBI Governor Reaffirms Crypto Risk Warning, Backs India’s CBDC Ambitions
RBI Governor Sanjay Malhotra reiterated a cautious stance on cryptocurrencies, warning of potential financial stability risks associated with them. He stressed that while private crypto assets are risky, India’s own central bank digital currency (CBDC) remains a priority.
What’s clear: the central bank prefers innovation under sovereign control over speculative, unregulated digital assets — signaling that regulation may tighten rather than loosen in the near term.
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- crypto
- india
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caution
RBI Governor Reaffirms Crypto Risk Warning, Backs India’s CBDC Ambitions
RBI Governor Sanjay Malhotra reiterated a cautious stance on cryptocurrencies, warning of potential financial stability risks associated with them. He stressed that while private crypto assets are risky, India’s own central bank digital currency (CBDC) remains a priority.
What’s clear: the central bank prefers innovation under sovereign control over speculative, unregulated digital assets — signaling that regulation may tighten rather than loosen in the near term.
Tags:
- crypto
- india
Related:
1 min read
65 words
RBI warns of crypto risks again, while championing India’s own CBDC over private tokens.
RBI Governor Sanjay Malhotra reiterated a cautious stance on cryptocurrencies, warning of potential financial stability risks associated with them. He stressed that while private crypto assets are risky, India’s own central bank digital currency (CBDC) remains a priority.
What’s clear: the central bank prefers innovation under sovereign control over speculative, unregulated digital assets — signaling that regulation may tighten rather than loosen in the near term.
RBI Governor Sanjay Malhotra reiterated a cautious stance on cryptocurrencies, warning of potential financial stability risks associated with them. He stressed that while private crypto assets are risky, India’s own central bank digital currency (CBDC) remains a priority.
What’s clear: the central bank prefers innovation under sovereign control over speculative, unregulated digital assets — signaling that regulation may tighten rather than loosen in the near term.
Tags:
- crypto
- india
- crypto
- india
- rbi
- digital_currency
- regulation
Related: