Crypto Should Be Prohibited: RBI Governor Shaktikanta Das | Economy Latest Update | ET Now
At the BFSI Insight Summit 2022, RBI Governor Shaktikanta Das said cryptocurrencies are risky for macroeconomic and financial stability since they have no inherent value. In the past, the RBI has opposed legitimizing the use of private cryptocurrencies as a threat to stability. Recently, India launched its own cryptocurrency, backed by the Reserve Bank of India. Watch to know more
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