RBI opposes crypto legalisation, flags risks to economy

3 Jul 2026via livemint.comSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

RBI opposes crypto legalisation, flags risks to economy. The central bank reiterated that virtual digital assets (VDAs), including cryptocurrencies, pose significant threats to financial stability in emerging economies like India. It emphasized strong opposition to legalizing crypto, citing risks to monetary policy and investor protection. The RBI continues to advocate for strict regulatory oversight.
📊 STOCKS: | 🏢 SECTOR: Regulation | #HIGHIMPACT #Crypto

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