India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta…
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Next Financial Crisis Will Come From Private Cryptocurrencies, Says RBI Governor Shaktikanta Das
Cryptos should be prohibited, else the next financial crisis will emerge from cryptos, says RBI Governor Shaktikanta Das. Adds that cryptos have no underlying and trading in them is 100%…
Read More »India’s Central Bank Cites Financial Instability Due to Cryptocurrencies
On 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…
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