By Nikunj Ohri and Sarita Chaganti Singh

NEW DELHI (Reuters) -India is leaning towards not creating legislation to regulate cryptocurrencies in the country and instead will maintain partial oversight, fearing that bringing the digital assets into its mainstream financial system could raise systemic risks, a government document shows.

The document, seen by Reuters, cites the Reserve Bank of India’s (RBI) view that, in practice, containing the risks of cryptocurrencies through regulation would be difficult.

Global acceptance of cryptocurrencies has improved since U.S. President Donald Trump took office and prices of bitcoin, the world’s largest crypto-asset by market capitalisation, have hit record highs.

The U.S. has also passed legislation permitting wider use of stablecoins, which are

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