Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability

Publikováno: 24.5.2024

#Regulation #Bitcoin #Crypto #crypto assets #crypto risks #Cryptocurrency #decentralized finance #Digital Assets #financial stability #RBI #Shaktikanta Das

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Indian Central Bank RBI Warns Retail Investors of Crypto's Lack of Accountability and Stability

The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank also cautioned that some cryptocurrency systems may be “prone to crisis without safeguards.” RBI Bulletin’s Crypto and Defi Warnings India’s central bank, the Reserve Bank […]