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India’s RBI has issued a warning that the increasing use of stablecoins may endanger financial stability and trust in money. The central bank emphasized that central bank digital currencies preserve monetary sovereignty while reducing systemic risks from privately issued tokens.
India and US negotiators have begun their latest round of trade talks in New Delhi, focusing on cutting farm and auto tariffs, quota-based concessions and a possible average 10% rate. Officials have said an announcement could come by late June as both sides work to meet Trump’s July 9 deadline.
The Reserve Bank of India is actively negotiating with central banks from 18 countries to explore cross-border payments using the digital rupee, aiming to boost foreign trade and reduce dependence on US dollar reserves. Domestically, challenges persist, including limited awareness, infrastructure and accessibility issues, security concerns and resistance to change
Bitcoin hovers at $107K amid BRICS de-dollarization, India's crypto tax cuts, and Block's BTC payments—setting the stage for a major breakout.
You’re all caught up.
