$ETH Crypto in India: RBI’s Latest Statement Sends Mixed Signals

India's relationship with crypto continues to walk the tightrope — and the RBI’s recent statement proves just that.

In a fresh commentary, the Reserve Bank of India acknowledged the rising interest in digital assets but reiterated concerns about volatility, financial stability, and investor protection. However, here’s the twist: while RBI remains cautious about private cryptocurrencies, there’s a growing focus on developing India’s CBDC (Digital Rupee) with more features and public pilots.