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India cenbank chief says next financial crisis will come from private cryptocurrencies

Tan KW
Publish date: Wed, 21 Dec 2022, 02:51 PM
Tan KW
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Future Tech

MUMBAI - India's central bank chief on Wednesday warned that the next financial crisis will come from private cryptocurrencies adding that he still holds the view that cryptocurrencies should be prohibited.

Reserve Bank of India governor Shaktikanta Das also added that cryptocurrencies have no underlying value and pose risks for macroeconomic and financial stability.

 


  - Reuters

 

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