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RBI Backs Tokenization but Remains Cautious on Crypto
The Reserve Bank of India has signalled support for tokenization technology while maintaining a cautious stance on cryptocurrencies. The central bank's position highlights its split approach: embracing blockchain-style innovations for assets and settlements, but continuing to flag risks around private digital currencies. The RBI has previously raised concerns about crypto's threat to financial stability and monetary policy.
Why now: India's central bank is a major regulator whose evolving stance on digital assets influences global crypto policy debates.
Reserve Bank of IndiaIndiacryptocurrencytokenization
Evidence
- RBI Backs Tokenization but Remains Cautious on Crypto · Altcoin Buzz
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