India Signals Banks Should Stay Away from Owning Cryptocurrencies

Sarah J · 2026-07-09T12:12:12.000Z

India is preparing a regulatory framework that would prevent banks from directly owning or holding cryptocurrencies on their balance sheets, aligning its approach with international prudential standards being developed by the Bank for International Settlements (BIS). While the

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India Signals Banks Should Stay Away from Owning Cryptocurrencies | SEINET