Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Market Capitalization:2 958 731 254 395,5 USD
Vol. in 24 hours:125 572 192 156,23 USD
Dominance:BTC 58,69%
ETH:11,97%
Yes
>>The RBI rejects Bitcoin as a currency, but liquidity cycles might sync with Bitcoin’s rally periods.

The RBI rejects Bitcoin as a currency, but liquidity cycles might sync with Bitcoin’s rally periods.

crypthub
The RBI rejects Bitcoin as a currency, but liquidity cycles might sync with Bitcoin’s rally periods.

RBI's View on Bitcoin

Deputy Governor T. Rabi Sankar said Bitcoin lacks intrinsic value and serves primarily as a technological demonstration rather than a functional currency. He emphasized that it does not meet the criteria of a true monetary instrument, and the RBI therefore favors sovereign currencies for stability.

RBI's Stance on Stablecoins

The RBI noted that stablecoins fail to satisfy traditional money standards because they expose the financial system to price volatility and could interfere with monetary policy. These risks lead the central bank to prioritize national currencies over cryptocurrencies.