India’s Central Bank Chief Urges Caution on Cryptocurrencies and Stablecoins

India’s central banking authority has recently issued a strong cautionary statement regarding the use and trading of cryptocurrencies and stablecoins. As digital assets gain popularity worldwide, the Reserve Bank of India (RBI) Governor has emphasized the need for regulatory vigilance, highlighting potential risks to investors and the broader financial system. This advisory comes amid global conversations on digital currency regulation and growing concerns over market volatility.