Complete Ban on Cryptocurrencies in India| Crypto News| Cryptocurrency News| Crypto India| #shorts

The Reserve Bank of India (RBI) conveyed to its central board that it favors a complete ban on cryptocurrencies, The Economic Times reported.

In a detailed presentation, RBI highlighted “serious concerns” relating to financial stability and exchange management.

As per RBI's statement, “The board discussed various aspects relating to central bank digital currency and private cryptocurrencies.”


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