Saturday, 3 October 2026Updated 16m ago
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RBI backs tokenisation and distributed ledgers but remains cautious on cryptocurrencies

5 sources · first seen 14:24 3 Oct · updated 15:45 3 Oct

The brief

Written from 5 reports · check the source before you trade
  • Governor Sanjay Malhotra said India supports innovation in distributed ledger technology and tokenisation
  • The RBI remains wary of cryptocurrencies
  • Crypto caution limits regulatory certainty for Indian crypto platforms; tokenisation support benefits fintechs

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Read the reports

5 reports · earliest 14:24
Business StandardRBI backs blockchain technology, remains cautious on crypto: Guv Malhotra14:24Economic TimesRBI remains cautious on crypto, backs underlying technology: Governor Sanjay Malhotra14:30NDTV ProfitRBI Remains Cautious On Crypto, Backs Underlying Technology: Governor Sanjay Malhotra15:01MoneycontrolRBI remains cautious on cryptocurrencies, backs underlying technology: Governor Sanjay Malhotra15:27The HinduRBI remains cautious on crypto, backs underlying technology: Governor Malhotra15:45