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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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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RBI's Next Chapter: Can India Embrace Crypto Innovation?
In fact, it is the future of currency," said Das in his concluding words as the RBI Governor. New possible perspective on crypto Given India's potential to become a global leader in Web3 ...
Crypto assets can negatively impact financial stability, says RBI report
The banking regulator emphasised the potential consequences of the widespread adoption of crypto-assets and stablecoins on an economy ...
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 ...
Press Trust of India on MSN9d
India's Forex Reserves Drops By $8.4 Billion To $644.3 Billion: RBI
The country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, ...
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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 ...