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Cryptos pose huge risks for emerging economies: RBI Governor

Shortpedia

Content Team
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Reiterating the central bank’s stance on cryptocurrencies, Reserve Bank of India Governor Shaktikanta Das on Thursday said that digital currencies pose huge risks for emerging economies. His comments came in response to a question about the US SEC approving the first listed exchange traded funds for tracking bitcoin, Even as cryptocurrencies see wider acceptance in other countries, Das said that the RBI’s stand on cryptos remains unchanged.