India Avoids Full Crypto Regulation, Citing Fear of Legitimacy and Systemic Risks
India is leaning towards maintaining partial oversight on cryptocurrencies rather than introducing full legislation to regulate cryptocurrencies, according to a government document seen by Reuters. Officials argue that creating a comprehensive framework could inadvertently grant legitimacy to digital assets, raising systemic financial risks. RBI: Regulation Won’t Solve Crypto Risks The Reserve Bank of India (RBI) […]
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