RBI Governor Malhotra Expresses Concerns Over Bitcoin’s Impact on Financial Stability and Policy

India’s Central Bank Refuses to Ease Crypto Restrictions - Crypto News Flash

RBI governor reiterates crypto remains a threat to India’s monetary policy and financial stability. Despite court pressure, India’s central bank sticks to its cautious stance on digital assets. Reserve Bank of India (RBI) Governor Sanjay Malhotra has made it clear that their view on digital assets like Bitcoin and Ethereum remains the same: crypto is considered risky, according to Times of India. According to him, these assets can destabilize th…

RBI Governor Malhotra Expresses Concerns Over Bitcoin’s Impact on Financial Stability and Policy

The post RBI Governor Malhotra Expresses Concerns Over Bitcoin’s Impact on Financial Stability and Policy appeared on BitcoinEthereumNews.com. RBI Governor Sanjay Malhotra has reiterated concerns over cryptocurrencies, emphasizing potential risks to financial stability and monetary policy in India. Despite the absence of new regulatory developments, the government is actively working on a comprehensive framework to address the current gaps in cr…

RBI Reiterates Crypto Warnings Despite Supreme Court Pressure - Data Intelligence

RBI maintains crypto caution, ignoring Supreme Court’s regulatory push forward. Supreme Court urges swift action, warns crypto ban is unrealistic. Crypto industry demands tax relief, warns India losing global edge. The Reserve Bank of India (RBI) has once again warned against the risks of crypto, emphasizing that its position remains unchanged. During the press conference that took place after the policy decision, Sanjay Malhotra, Secretary of…

India’s Crypto Regulation Stalls as RBI Maintains Firm Opposition

RBI Resists Pressure for Clarity on Crypto India’s crypto policy remains uncertain as RBI Governor Sanjay Malhotra reaffirmed the central bank’s resistance to digital assets. The central bank’s stand was reasserted by Malhotra during a press conference, citing the danger that cryptocurrencies present to monetary policy and financial stability. “We continue to be concerned with respect to the potential risks crypto poses to monetary policy and f…

India crypto rules still in limbo as RBI says ‘no thanks’

Despite mounting pressure for regulatory clarity, the Reserve Bank of India remains firmly opposed to cryptocurrencies, citing risks to monetary policy.