RBI Shares Observations Around Tokenisation, Crypto in Financial Stability Report 2024
The RBI acknowledges growth in crypto sector The RBI worries tokenisation may cause liquidity fragilities India has not set a ...
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Crypto Has 'Consequences' - RBI Warns In Financial Stability Report, December 2024
The Reserve Bank of India in its Financial Stability Report said that there are consequences of investing in crypto currency assets on Tuesday. "Crypto-assets' price swung wildly and the rally, which ...
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RBI Raises Red Flags Over Stablecoins And Crypto Assets' Impact On India’s Economic And Financial Stability
The Reserve Bank of India (RBI) issued a stern warning on Monday (30 December) regarding the widespread use of crypto assets, ...
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Crypto assets can negatively impact financial stability, says RBI report
Widespread use of crypto assets, including stablecoins, can have a negative impact on the macroeconomic and financial ...
Rupee-backed stablecoins could complement RBI’s digital currency
Crypto tokens pegged to the rupee offer notable benefits like ease-of-use, low transaction cost and relatively stable value.
Rupee Volatility Surge Puts RBI’s Currency Strategy in Focus
A gauge of the Indian rupee’s volatility jumped to its highest level in over a year, fueling speculation that the nation’s ...
Crypto’s $205 Billion Stablecoin Market Set to Go Mainstream
While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a ...
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Rupee hits record low, pressured by strong NDF dollar bids; RBI likely steps in
market while likely intervention by the Reserve Bank of India (RBI) capped the currency's losses. The rupee declined to 85.35 ...