Shaktikanta Das, the governor of the Reserve Bank of India (RBI), stated that it is necessary to outlaw private crypto since continuing to use them will trigger a future financial disaster. RBI Views About Crypto Financial Disaster Das reaffirmed the RBI’s position that private cryptocurrencies ought to be outlawed. Das stated on Wednesday at the Business Standard BFSI Insight Summit that private cryptocurrencies will cause the next financial disaster. According to Das, cryptocurrencies are worthless in their fundamentals and pose enormous inherent hazards to the stability of country’s economy and finances. In particular, the governor of the central bank cited The post Crypto to Trigger Next Financial Disaster and Should be Outlawed: RBI appeared first on Cryptoknowmics-Crypto News and Media Platform .
