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RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economy - The Economic Times
The Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's developing economy and should not be legalized. Citing concerns over potential use in illegal activities such as terror funding and drug smuggling, the central bank highlighted the difficulty in regulating offshore crypto entities. While some nations have banned such assets, others have implemented strict regulations.
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Cryptocurrency difficult to regulate, RBI tells Parliamentary panel - The Times of India
https://timesofindia.indiatimes.com/business/india-business/cryptocurrency-difficult-to-regulate-rbi-tells-parliamentary-panel/articleshow/132147908.cms
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take part - The Economic Times
https://economictimes.indiatimes.com/news/economy/policy/parliament-standing-committee-on-finance-to-review-virtual-digital-assets-rbi-icai-to-take-part/articleshow/132128435.cms
RBI says VDAs, including cryptocurrency poses threat to emerging economies like India, opposes its legalisation | Mint
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https://economictimes.indiatimes.com/news/economy/policy/rbi-backs-crypto-containment-and-keeps-ban-on-table-officials-tell-house-panel/articleshow/132146681.cmsRBI says fully prepared for 'Mythos' cyber threat; advisories issued to regulated entities - The Economic Times
https://economictimes.indiatimes.com/tech/technology/rbi-says-fully-prepared-for-mythos-cyber-threat-advisories-issued-to-regulated-entities/articleshow/131531928.cms