India central bank chief warns crypto will cause the next financial crisis if permitted to grow

The Indian central bank’s governor said on Wednesday that it’s not at war with crypto, but warned that private cryptocurrencies will cause the next financial crisis unless its usage is prohibited. RBI Governor Shaktikanta Das told a room packed with banking executives and lawmakers that crypto has a huge inherent risk to the macroeconomic stability … Continue reading India central bank chief warns crypto will cause the next financial crisis if permitted to grow