RBI Raises Red Flag on Stablecoins, Citing Threats to Monetary Control and Financial Stability
The Reserve Bank of India has issued a strong caution against the growing use of fiat-backed stablecoins, warning that such...
RBI
RBI Pushes Back on Crypto Narrative, Calls Digital Tokens “Code, Not Currency”
A senior official at the Reserve Bank of India has reignited debate over the legitimacy of cryptocurrencies, arguing that digital...
RBI Flags Cryptocurrencies as a Threat to India’s Financial Stability
The Reserve Bank of India has once again voiced firm concerns about the rapid expansion of cryptocurrencies, warning that unregulated...
RBI Flags Sovereignty Risks as Stablecoins Gain Traction
The Reserve Bank of India has reiterated its concerns over the rapid expansion of stablecoins, warning that their widespread adoption...
RBI Governor Endorses India’s Digital Currency Amid Warnings on Cryptocurrency Risks
RBI Governor has highlighted the substantial risks associated with private cryptocurrencies, emphasizing volatility, fraud potential, and systemic threats to financial...
Investors Urged to Heed RBI Warnings as Cryptocurrency Risks Mount
The Reserve Bank of India (RBI) has reiterated cautionary guidance regarding cryptocurrencies, emphasizing the potential financial, regulatory, and systemic risks...
