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Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’

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Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’
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Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI) likened cryptocurrency trading to gambling. He warned that crypto “will undermine the authority of the RBI and lead to the dollarization of the economy.” RBI’s Governor Wants Crypto Banned The governor of […]
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HTX DAO Launches Recruitment for New Governance Committee Members to Foster Sustainable Development

HTX DAO Launches Recruitment for New Governance Committee Members to Foster Sustainable Development

India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned

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India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned
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India’s Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They’re Not BannedThe governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added that cryptocurrencies pose “huge inherent risks” to India’s macroeconomic and financial stability. Indian Central Bank Warns About Crypto Causing the Next Financial Crisis […]
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HTX DAO Launches Recruitment for New Governance Committee Members to Foster Sustainable Development

HTX DAO Launches Recruitment for New Governance Committee Members to Foster Sustainable Development

Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency

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Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency
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Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital CurrencyIndia’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments have been made to the RBI Act, 1934 to allow the central bank to pilot and issue a digital currency. India’s Central Bank Digital Currency […]
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HTX DAO Launches Recruitment for New Governance Committee Members to Foster Sustainable Development

HTX DAO Launches Recruitment for New Governance Committee Members to Foster Sustainable Development

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