RBI Governor Says Crypto and Stablecoins Pose "Huge Risk" To India's Economy
The post RBI Governor Says Crypto and Stablecoins Pose "Huge Risk" To India's Economy appeared first on Coinpedia Fintech NewsThe Reserve Bank of India (RBI) Governor, Sanjay Malhotra, has issued a strong public warning against the rising adoption of cryptocurrencies and stablecoins in India, citing their "huge risk" to national financial stability and monetary policy, if not handled carefully. While the US is planning to make Bitcoin a strategic reserve, India is choosing a ...