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3232RBI Deputy Governor: Banning Crypto Is ‘Most Advisable’ for India, Regulation Is ‘Futile’
https://www.digit.info/rbi-deputy-governor-banning-crypto-is-most-advisable-for-india-regulation-is-futile/
Tue, 15 Feb 2022 16:30:14 +0000https://www.digit.info/2022/02/15/rbi-deputy-governor-banning-crypto-is-most-advisable-for-india-regulation-is-futile/Read more]]>A deputy governor of India’s central bank, the Reserve Bank of India (RBI), likens cryptocurrencies to Ponzi schemes, emphasizing that they cannot be regulated. “It would be futile to regulate cryptocurrencies,” he claims, stating that they should be banned. RBI’s Deputy Governor Sees Crypto Ban as ‘the Most Advisable Choice Open to India’ A deputy […]
]]>India’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases
https://www.digit.info/indias-central-bank-rbi-unveils-plan-to-launch-digital-currency-in-phases/
Fri, 23 Jul 2021 11:30:25 +0000https://www.digit.info/2021/07/23/indias-central-bank-rbi-unveils-plan-to-launch-digital-currency-in-phases/Read more]]>The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems.” RBI Plans ‘Phased Implementation’ for Digital Rupee RBI Deputy Governor T. Rabi Sankar talked […]