India’s market regulator will further simplify regulations for foreign investors to encourage long-term capital flows into the country, the Securities and Exchange Board of India said in its annual report published on Tuesday.
Stablecoins pose big risks, serve no real purpose, says RBI’s Rabi Sankar
Reserve Bank of India Deputy Governor T. Rabi Sankar cautioned against stablecoins, citing significant macroeconomic risks and their lack of unique utility compared to fiat