Private Cryptocurrencies Pose Immediate Risks to Customer Protection, Says RBI

Private Cryptocurrencies Pose Immediate Risks to Customer Protection, Says RBI

Mumbai, Dec 29: Private cryptocurrencies pose immediate risks to customer protection and are prone to frauds and extreme price volatility, given their highly speculative nature, the Reserve Bank of India (RBI) said in its financial stability report released on Wednesday. The latest report noted that the proliferation of private cryptocurrencies across the globe has sensitised […]

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