RBI tells Par panel that virtual digital assets like cryptocurrency a threat to economy
Published on: July 3, 2026, 11:53 a.m. | Source: Outlook Business
RBI has told a parliamentary finance panel that virtual digital assets like cryptocurrency pose a serious threat to an emerging economy like India and should not be legalised. Learn why the central bank flags risks of terror funding, narcotics smuggling and offshore crypto trade, and how ICAI is pushing for a comprehensive VDA law and clearer accounting norms.
