Volatility remains high in the global financial markets as Russia ordered its nuclear forces to be on high alert, days after launching a full-scale invasion of Ukraine. Eva Ados sees opportunity in se...
Tag: advisable
RBI deputy governor: banning crypto most advisable choice
Rabi Sankar has taken a strong stance against cryptocurrency He claims that crypto can have destabilizing effect on the country’s fiat money Crypto is hard to regulate, Sankar added T. Rabi Sankar fr...
Banning Crypto Is ‘Most Advisable’ for India, Regulation Is ‘Futile’ – Regulation Bitcoin News
A deputy governor of India’s central bank, the Reserve Bank of India (RBI), likens cryptocurrencies to Ponzi schemes, emphasizing that they cannot be regulated. “It would be futile to regulate cryptoc...
banning crypto ‘most advisable choice’
T. Rabi Sankar from the Reserve Bank of India compared cryptocurrency to ponzi schemes and said that banning them, not regulating them, would be the “most advisable choice” for the Indian government. ...
Bitcoin Ban “Most Advisable Choice,” Says Deputy Governor of India’s Central Bank
Alex Dovbnya In a first, India’s top central bank official has called for banning cryptocurrencies Central banker T. Rabi Sankar, who serves as deputy governor at the Reserve Bank of India, has ...