RBI reiterates crypto risks, stresses its stance remains unchanged

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PANews
6 hours ago
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PANews news on June 8th, according to Times of India, despite the Supreme Court's opposition to the ban, the Reserve Bank of India (RBI) still maintains a cautious stance on cryptocurrencies, stating that they may pose risks to financial stability and monetary policy. A government committee is currently reviewing this matter. The RBI has also introduced a new regulatory framework, emphasizing public consultation, impact analysis, and periodic reviews to adapt to changing circumstances.

Previous news, India may release a cryptocurrency asset regulatory discussion document in June.

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