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CoinOtag 2025-12-14 01:08:12

RBI Dismisses Bitcoin as Currency, But Liquidity Cycles May Align with BTC Rallies

The Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar recently stated that Bitcoin lacks inherent value and functions more as a technological demonstration than a currency, while stablecoins fail to meet traditional money standards due to risks like price instability and monetary policy interference. RBI emphasizes sovereign currencies over cryptocurrencies for stability. Stablecoins [...]

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