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RBI will not emulate others on regulations; world cannot afford a 'crypto mania': RBI chief
Credit: IndiaTimes- Published on January 11, 2024
RBI Governor Shaktikanta Das reaffirms the central bank's opposition to cryptocurrencies and US regulators allowing bitcoin ETFs. He emphasizes that the RBI does not emulate others' regulations and highlights the risks that cryptocurrencies pose to financial stability. The governor also mentions the cautionary advice issued by...