Crypto is a threat to India’s macroeconomic stability: RBI governor Shaktikanta Das
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RBI’s post monetary policy comment on crypto has been quite the knee-jerker. The RBI governor has cautioned investors on the risks posed by private cryptocurrencies in India. He said, “Private cryptocurrencies are a threat to macroeconomic and financial stability and investors, who are investing at their own risk, should keep risks in mind.”