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Cryptos pose a bigger threat to the stability of country’s financial system, say RBI officials to Parliamentary panel

by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

Pointing out that cryptocurrencies have the potential to be a medium of exchange and replace the rupee in financial transactions both domestic and cross border, central bank officials said these currencies “can replace a part of monetary system it will also...

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