【News】According to ChainCatcher, Jinshi reported, citing sources, that the Reserve Bank of India has expressed support for banning stablecoins. This news has attracted widespread attention in the market. India has always been known for its strict stance on cryptocurrencies, and this central bank's statement has undoubtedly further strengthened this stance.

It is understood that the government group responsible for formulating India's cryptocurrency policy may finalize the report in June. The content of this report may have a significant impact on the global cryptocurrency market. At present, the market is keeping a close eye on this, but the specific impact remains to be seen.

This is undoubtedly important news for the blockchain industry. The attitude of the Indian market may affect the trend of global cryptocurrencies. We will continue to pay attention to the subsequent development of this incident.