RBI Pushes for Crypto Firewall | Bitcoin and Crypto News

The Reserve Bank of India is pushing lawmakers to keep banks entirely separate from cryptocurrencies and private stablecoins, warning that blending them with traditional finance could invite systemic risk. Officials urge a strict firewall to prevent crypto from being used for payments or settlements, while also calling for clear distinctions between risky assets and regulated digital instruments like tokenized bonds. This renewed push follows past efforts — including a 2018 banking ban overturned by the Supreme Court — as the RBI seeks to protect the financial system without stifling innovation in compliant digital spaces. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5eab52a987a80d6e