India’s RBI Wants Banks To Stay Away From Crypto, Even Ready To Ban It!

03-Jul-2026 CoinPedia
India Tightens Crypto Rules: Selfie and Geo-Checks Required

The post India’s RBI Wants Banks To Stay Away From Crypto, Even Ready To Ban It! appeared first on Coinpedia Fintech News

The Indian government, which collected nearly ₹18.38 lakh crore (around $193.5 billion) in tax revenue during the 2025-26 financial year, is set to isolate banks from crypto.  India’s biggest bank, the Reserve Bank of India (RBI), has proposed its ‘containment’ approach to cryptocurrencies, aiming to keep banks away from crypto transactions and private stablecoins while …

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