Cointelegraph4d agoBusiness
India's central bank revives push to isolate banks from crypto: Report
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- India's central bank is reportedly urging lawmakers to keep banks insulated from crypto and private stablecoins, while allowing for regulated tokenization.
- The RBI recommended preventing crypto use in payments and settlements and restricting banking exposure, warning that traditional regulation could legitimize speculative assets.
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India's central bank is reportedly urging lawmakers to keep banks insulated from crypto and private stablecoins, while allowing for regulated tokenization. The RBI recommended preventing crypto use in payments and settlements and restricting banking exposure, warning that traditional regulation could legitimize speculative assets.
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