Thursday, June 30, 2022

BANKING

The banking regulator once again cautioned against the proliferation of virtual currencies, calling the instruments a 'danger'. "Cryptocurrencies are a clear danger," RBI governor Shaktikanta Das noted in the foreword to the report. "Anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name."

from Banking/Finance-Industry-Economic Times https://ift.tt/HMnuz4w
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