RBI backs blockchain technology, remains cautious on crypto: Guv Malhotra
Sanjay Malhotra said RBI supports distributed ledger technology and tokenisation but remains wary of crypto assets over concerns about sovereignty, policy and capital flows in emerging economies
India has maintained a cautious approach towards cryptocurrencies while promoting the underlying technologies such as distributed ledger technology and tokenisation, RBI Governor Sanjay Malhotra said on Saturday.
Malhotra said India supports innovati... [1847 chars]
