News > Disclosing Stance On Crypto Could Hurt India’s Economic Interests: RBI
Disclosing Stance On Crypto Could Hurt India’s Economic Interests: RBI
17/03/2022 12:09 PM | Click to read full article
Amid the prevailing confusion over the legality of cryptocurrencies, the Reserve Bank of India has now said that disclosing its stance on the matter could jeopardise India’s economic interests.
RBI reportedly also stated that such information was exempt from being ‘prematurely’ disclosed under RTI Act, citing a 2016 Supreme Court judgement on the matter.