Regulation· ★★★· neutral·

RBI Governor Malhotra: cautious on crypto, supportive of underlying tech

  • —RBI keeps a cautious stance on cryptocurrencies
  • —Central bank supports the underlying blockchain technology
  • —Comments came from Governor Sanjay Malhotra
Why it matters: India is one of the largest crypto markets, and the RBI's stance shapes future rules for local exchanges and investors.
Source: Google News (crypto query)