Crypto Exchanges Have Been Suffering Since 2021, But RBI Isn’t Giving Up

1656397216 Crypto Exchanges Have Been Suffering Since 2021 But RBI Isnt

The global crypto market, particularly crypto exchanges, has seen a decline in value as gains have dwindled. The changes resulted in the loss of more than half of its value in global market capitalization. The changes were not limited to a specific country or market. Instead they spread out to different parts of the world. … Read more

Crypto Exchanges Have Been Suffering Since 2021, But RBI Isn’t Giving Up

1656320955 Crypto Exchanges Have Been Suffering Since 2021 But RBI Isnt

The global crypto market, particularly crypto exchanges, has seen a decline in value as gains have dwindled. The changes resulted in the loss of more than half of its value in global market capitalization. The changes were not limited to a specific country or market. Instead, they have spread to different parts of the world. … Read more

Cryptocurrency May Lead To Dollarization Of Economy: RBI Tells Parliamentary Panel

Cryptocurrencies can lead to “dollarization” of part of the economy, which would be against India’s sovereign interests, senior RBI officials told a parliamentary panel, sources said. During a briefing before the Parliamentary Standing Finance Committee chaired by former Minister of State for Finance Jayant Sinha, senior RBI officials including its Governor Shaktikanta Das made clear … Read more