The Reserve Bank of India reiterated that its stance on the regulation of Crypto Assets remains unchanged.

According to Gate News bot, the Times of India reported that the Governor of the Reserve Bank of India (RBI), Malhotra, recently made a statement regarding the regulation of Crypto Assets. He pointed out that the RBI’s regulatory stance on Crypto Assets remains unchanged, focusing on the risks they pose to financial stability and monetary policy.

The Supreme Court of India previously ruled that “banning encryption is impractical” and called for the establishment of a regulatory framework. In this regard, the RBI Governor stated that the relevant matters are still under review by the government committee, and there is no new progress.

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ASANKARvip
· 06-08 06:11
Bull Run 🐂
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