RBI Malhotra said India supports innovation in the technologies underlying crypto assets, including distributed ledger and tokenisation, but remains cautious about cryptocurrencies, owing to concerns over monetary sovereignty, monetary policy and capital flows. File
| Photo Credit: Reuters
India has maintained a cautious approach towards cryptocurrencies while promoting the underlying technologies, such as distributed ledger technology and tokenisation, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Saturday (October 3, 2026).
Mr. Malhotra said India supports innovation in the technologies underlying crypto assets, including…
