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warrning

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AHMED ASAD RAJPOOT
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šŸ‡®šŸ‡³ RBI’s Strong Warning on Crypto India’s central bank chief says crypto and stablecoins are a ā€œhuge riskā€ for the financial system — too volatile, too hard to control, and can threaten monetary stability. At the same time, the RBI is fully backing its own digital rupee (CBDC), calling it a safer and government-regulated alternative for digital payments. Bottom line: India is tightening its stance on private crypto while pushing its own digital currency as the trusted option. #warrning #IndiaRBI
šŸ‡®šŸ‡³ RBI’s Strong Warning on Crypto

India’s central bank chief says crypto and stablecoins are a ā€œhuge riskā€ for the financial system — too volatile, too hard to control, and can threaten monetary stability.

At the same time, the RBI is fully backing its own digital rupee (CBDC), calling it a safer and government-regulated alternative for digital payments.

Bottom line: India is tightening its stance on private crypto while pushing its own digital currency as the trusted option.
#warrning
#IndiaRBI
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Bearish
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