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Being cautious about cryptocurrencies, stablecoins, India cenbank chief says
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Being cautious about cryptocurrencies, stablecoins, India cenbank chief says

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Reserve Bank of India 
By Reuters | Updated: October November 20, 2025

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

NEW DELHI, Nov 20 (Reuters) – India’s central bank is adopting a cautious approach towards cryptocurrencies and stablecoins, the Reserve Bank of India governor said on Thursday.

Reporting by Nikunj Ohri; Editing by YP Rajesh
--
© Thomson Reuters 2025

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