RBI views crypto as a clear danger

The Reserve Bank of India (RBI) has long been a vocal critic of cryptocurrencies and has even sought to ban the trading of Bitcoin (BTC), Ether (ETH) and other digital currencies at one point. The monetary authority reiterated its skepticism once more in its latest financial stability report. On Thurdsay, RBI published the 25th issue of its Financial Stability Report. Writing on the reports foreword, RBI Governor Shaktikanta Das described crypto as a clear danger and mere speculation. We must be mindful of the emerging risks on the horizon, Shaktikanta Das wrote. Cryptocurrencies are a…

source: https://tokenpost.com/RBI-views-crypto-as-a-clear-danger-9671

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