Will India Embrace Stablecoins? Finance Minister Sitharaman Hints at Policy Shift
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The post Will India Embrace Stablecoins? Finance Minister Sitharaman Hints at Policy Shift appeared first on Coinpedia Fintech News Digital currencies are changing the way the world handles money, and stablecoins are emerging as a key innovation that countries can no longer afford to ignore. These cryptocurrencies, pegged to traditional assets like the US dollar, offer faster, borderless transactions and are gaining traction among businesses and investors worldwide. India Changing Its Shift in Crypto Policy? India, which has always been cautious in its approach to cryptocurrencies, may now be considering a shift in its stance. Finance Minister Nirmala Sitharaman recently said that nations must prepare to “engage” with stablecoins, whether they like it or not, highlighting the growing influence of digital currencies on the global financial system. Watch Live: Smt @nsitharaman’s inaugural address at the Kautilya Economic Conclave 2025 in New Delhi. #KEC2025 @FinMinIndia @IEGResearch https://t.co/ThjF1xrKEv — Nirmala Sitharaman Office (@nsitharamanoffc) October 3, 2025 At the Kautilya Economic Conclave, she said that innovations like stablecoins are changing how money and capital move around the world. She warned that countries may face a clear choice: adapt to these new financial systems or risk being left behind. She also highlighted that these changes show how big the transformation in the financial world is taking place. “No nation can insulate itself from systematic change. Whether we welcome these shifts or not, we must prepare to engage with them,” she said. Her remarks indicate that India could be rethinking its approach to cryptocurrencies, keeping a close eye on how the digital economy is evolving. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child {…
Filed under: News - @ October 4, 2025 1:27 pm