RBI reiterates crypto risks, stresses its stance remains unchanged

PANews reported on June 8 that according to the 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, saying they may pose risks to financial stability and monetary policy. A government committee is currently reviewing the matter. RBI has also introduced a new regulatory framework that emphasizes public consultation, impact analysis, and regular review to adapt to the changing situation.

Earlier news said that India may release a discussion document on crypto asset regulation in June.

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Author: PA一线

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