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Private Cryptocurrencies’ Growth Can Bring Next Financial Crisis: RBI Governor

Private Cryptocurrencies

Reserve Bank Governor Shaktikanta Das on Wednesday warned that allowing private cryptocurrencies to grow can precipitate the next financial crisis.

Speaking at the BFSI Insight Summit in Mumbai, Das also said the government and the central bank have been working in a coordinated manner to tame inflation and the Centre is “equally serious” about curbing price rise.

On private cryptocurrencies like Bitcoin, Das reiterated the RBI’s demand for a…


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