
RBI Warns Cryptocurrencies Could Destabilize Financial System
Reserve Bank of India (RBI) Governor Sanjay Malhotra has reiterated concerns over cryptocurrencies, warning that their proliferation could hamper financial stability and pose challenges to monetary policy. Speaking at a press conference following the RBI Monetary Policy Committee (MPC) meeting, Malhotra emphasized that while a government committee is currently reviewing cryptocurrency regulations, the central bank…