RBI Governor Sounds Alarm on Crypto—Again
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India's central bank chief doubles down on skepticism—just as institutional adoption hits record highs.
Shaktikanta Malhotra, governor of the Reserve Bank of India, fired another warning shot across crypto's bow today. 'We remain deeply concerned about risks posed by unregulated digital assets,' he stated during a monetary policy briefing—ignoring the irony that traditional finance just posted its third straight quarter of fraud-related losses.
The comments come as Bitcoin ETFs notch $12B in inflows and Ethereum's institutional staking queue stretches into 2026. But hey—why let real-world adoption interfere with bureaucratic hand-wringing?
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