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RBI's Cautious Stance on Crypto: Governor Malhotra's Insights
RBI Governor Sanjay Malhotra emphasizes India's support for distributed ledger technology while expressing caution towards cryptocurrencies. Concerns over monetary sovereignty and capital flows drive this cautious approach, highlighting the balance between innovation and regulation in the crypto space. As India navigates the evolving landscape of digital currencies, the focus remains on leveraging technology responsibly.
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"A careful dance between innovation and caution!"
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File ID: #414378Original Source: The Hindu ↗
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