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Morning Edition · Friday, July 3, 2026Published at 6:31 AM EDT · New York
India's Central Bank Tells Parliament It Still Rejects Private Crypto
The Reserve Bank of India warned lawmakers that legitimizing stablecoins would erode monetary sovereignty and expose banks to the risk of bank runs.
The Reserve Bank of India (RBI) renewed its call to keep banks and payment systems insulated from cryptocurrencies and privately issued stablecoins, according to crypto.news, as the country reviews its digital-asset policy. Appearing before…
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