Indian financial regulators continue to express significant reservations about the integration of cryptocurrencies into the country’s economic framework and believe there is no economic “upside” in making them regulated financial instruments, according to local media reports . These statements by senior officials from the central bank underscore the government’s cautious approach, emphasizing the potential threats these digital assets pose to macroeconomic stability in both emerging and developed markets. Limited benefits Central bank officials told local media that digital assets in their current form provide limited benefits as…
