India's anticipated cryptocurrency regulatory framework has encountered another significant setback as the Reserve Bank of India continues to block the release of a comprehensive discussion paper, according to reports from The Crypto Times. The recurring delays, marking the fifth public postponement in under two years, reflect a deepening institutional divide within the government. While the Finance Ministry and Securities and Exchange Board of India (SEBI) have shown openness toward exploring digital asset regulation, the RBI maintains firm opposition to any framework that could legitimize the cryptocurrency sector. This regulatory impasse occurs despite India holding approximately $4.5 billion in digital assets, a figure that government documents suggest does not yet pose systemic risks to the financial system.
India's Cryptocurrency Framework Stalled as Central Bank Resistance Intensifies
C
CryptoFirst
Sunday, April 5, 2026·5 min read·Regulation
Source: cryptotimes.io·This article is an original analysis by CryptoFirst based on publicly available information.
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