India’s central bank has urged lawmakers to take a near-prohibitive stance on crypto assets and privately issued stablecoins, underscoring a widening policy divide as the U.S. and Europe move toward clearer rulebooks and licensing regimes.
In comments submitted to the Indian Parliament’s Standing Committee on Finance, the Reserve Bank of India (RBI) said a ban on crypto assets remains a “key option” within global regulatory frameworks, according to PANews. The RBI argued that regulated financial institutions—particularly banks—should be kept completely separate from crypto assets and… Read more
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