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India’s Central Bank Cites Financial Instability Due to Cryptocurrencies

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Construction Workers Pitching up a Sign that Says No CryptoOn Wednesday, Governor Shaktikanta Das said that India’s central bank has “major concerns” about cryptocurrencies. He flagged potential risks leading to financial stability. Crypto Adoption Woes The Reserve Bank of India (RBI) has been fundamentally opposed to cryptocurrencies ahead of the government’s plans to introduce a law to ban this form of assets and institute

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