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20 November 2025

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Being cautious about cryptocurrencies, stablecoins, India cenbank chief says

Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai, India, June 6, 2025. — Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai, India, June 6, 2025. Photo : REUTERS/Francis Mascarenhas

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Nov 20, 2025 10:54

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Nov 20, 2025 10:54

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Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai, India, June 6, 2025. — Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai, India, June 6, 2025. Photo : REUTERS/Francis Mascarenhas

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India's central bank is adopting a cautious approach towards cryptocurrencies and stablecoins, the Reserve Bank of India governor said on Thursday.

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