Banking #cryptocurrency#regulation
RBI Tells Parliamentary Panel Cryptocurrency Difficult to Regulate, Opposes Legalisation
The Reserve Bank of India informed a Parliamentary panel that cryptocurrency is difficult to regulate and poses risks including financing of drug trade and terrorism. The central bank firmly opposes legalisation, while the Institute of Chartered Accountants of India advocates for a comprehensive regulatory framework to harness strategic opportunities.
Jul 2, 2026 1 source