Latest News and Articles about Reserve Bank of India
RBI Slams Stablecoins, Pushes Digital Rupee Amid India’s Financial Risks
India’s RBI Rejects Stablecoins, Champions Digital Rupee Amid Financial Risks India’s central bank has sounded a loud alarm in its latest Financial Stability Report, slamming stablecoins as a dangerous threat to the nation’s financial health, far outweighing any supposed advantages. The Reserve Bank of India (RBI) is pushing hard for its own state-controlled solution, the […]
Read MoreRBI Warns of Digital Assets’ Threat to Financial Stability Amid Bitcoin Surge
Reserve Bank of India Warns of Digital Asset Threat to Financial Stability The Reserve Bank of India (RBI) has issued a stern warning about the potential threats that digital assets, including cryptocurrencies and stablecoins, pose to financial stability. In its December 2024 Financial Stability Report, the RBI outlined several risks that could undermine monetary policy, […]
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