RBI Highlights Cryptocurrencies’ Risks to Financial Stability 2025
The Reserve Bank of India (RBI) has once again raised alarms about the potential risks associated with cryptocurrencies, including stablecoins. In its December 30 Financial Stability Report for 2024, the RBI reiterated its anti-crypto stance, emphasizing the dangers these digital assets pose to financial stability. Growing Crypto Adoption and RBI’s Concerns Despite the grassroots adoption …