Next Financial Crisis Will Come from Private Cryptocurrencies: RBI Governor

Next Financial Crisis Will Come from Private Cryptocurrencies: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday warned that the next financial crisis will come from private cryptocurrencies adding that he still holds the view that cryptocurrencies should be prohibited. The governor of the country’s central bank also added that cryptocurrencies have no underlying value and pose risks for macroeconomic and financial stability. … Read more