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RBI guv lashes out at crypto assets at WEF in Davos
Das said that instruments that lack any underlying value pose big risks for emerging market economies
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Equip IT, CID, ED with crypto info
Data from Financial Intelligence Unit (FIU) suggests that between 2019-21, cryptocurrencies worth Rs 28,000 crore were funneled towards financing drug
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Crypto continues to lose its sheen
Yesterday, after the Fed decided to keep the benchmark interest rate unchanged between 5.25-5.5%, bitcoin fell 0.6% over the last 24 hours to trade at
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Crypto ban not a solution
The paper also underlined that a blanket ban on these assets is neither advisable nor logistically possible. However, it proposes coming up with compr
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Crypto akin to drugs, intl co-operation needed: FM
The Reserve Bank of India (RBI) governor Shaktikanta Das has time and again, called for completely banning cryptocurrencies, since they were akin to g
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Credit card usage up, so are NPAs
The data release comes amid news reports stating that the RBI has been cautioning banks about the risks on unsecured books, which includes credit card
