India’s central bank chief warns cryptocurrencies will cause next financial crisis if allowed to grow • TechCrunch

India’s central bank governor said on Wednesday that he is not at war with cryptocurrencies, but argued that cryptocurrencies have no fundamental basis and their use should be banned. RBI Governor Shaktikanta Das told a room full of banking executives and lawmakers that cryptocurrencies have a huge inherent risk to the nation’s macroeconomics and stability. …

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