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CoinGape
2022-12-29 17:52:15

Is India Moving Towards Banning Crypto Assets In Its G20 Presidency?

Is India Moving Towards Banning Crypto Assets In Its G20 Presidency?

In a report that was released today, the Reserve Bank of India (RBI) stated that crypto assets are highly volatile and exhibit high correlations with the existing equity market. The similarities are such that, it contradicts the industry’s narrative and claims about virtual assets being an alternative source of value due to the inflation-hedging benefits The post Is India Moving Towards Banning Crypto Assets In Its G20 Presidency? appeared first on CoinGape .

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