Indian finance minister reiterated RBI’s stance on the crypto market, claiming it’s driven by speculation.
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Indian Central Bank RBI: Cryptocurrencies Are a Clear Danger — Financial Stability Risks Likely to Grow
India’s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as “a clear danger.” However, the financial stability risks posed by crypto assets currently
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CBDCs can “kill” private crypto: India’s RBI deputy governor to IMF
“One of the reasons it is so successful is because it’s simple,” he added while comparing the Unified Payments Interface’s (UPI) growth with blockchain technology.
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RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies,
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India cooperates with IMF on crypto consultation paper
The document, which could define a national framework for digital assets, is almost ready.
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India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC).
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