#reserve bank of india

Reserve Bank of India: Stablecoins Pose an Existential Threat

Reserve Bank of India: Stablecoins Pose an Existential Threat

Stablecoins pose risks to national monetary policies, but there could be a solution — CBDCs.

Ivan Dikalenko 20 Jul 2023

The Reserve Bank of India said about the danger of “dollarization” of the economy when using digital currencies

The Reserve Bank of India said about the danger of “dollarization” of the economy when using digital currencies

Digital currencies can cause a partial “dollarization” of the Indian economy, which does not correspond to the state’s sovereign interests. The management of the Reserve Bank of India (RBI) made such an announcement as part of a briefing for the Parliamentary Committee on Finance.

Kateryna Salnichenko 16 May 2022

Reserve Bank of India intends to ban cryptocurrencies

Reserve Bank of India intends to ban cryptocurrencies

The Indian regulator is becoming increasingly concerned about digital assets. The RBI announced this week that it intends to ban private cryptocurrencies, warning that they could cause a new financial crisis.

Kateryna Salnichenko 27 Dec 2022

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