Indian Central Bank Chief Insists Crypto Should Be Banned — Warns 'It Will Undermine Authority of RBI' – Regulation Bitcoin News

Indian Central Bank Chief Insists Crypto Should Be Banned — Warns 'It Will Undermine Authority of RBI' – Regulation Bitcoin News

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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…

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