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India's central bank revives push to isolate banks from crypto: Report

Summary by BITRSS
The Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and private stablecoins while preserving room for regulated tokenization.
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10 Articles

The Reserve Bank of India again tightened its message on cryptocurrencies and asked Parliament to isolate the banking system sector. The proposal seeks to prevent its use in payments and limit direct exposure of banks, at a time when India leads the global adoption of crypto and others are moving towards more permissive regulatory frameworks. *** The RBI asked Indian legislators to separate cryptocurrencies from the banking system and prohibit t…

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BITRSS broke the news on Friday, July 3, 2026.
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