RBI: Partial ban on crypto won’t work
- shahpurturkcsc
- Dec 18, 2021
- 1 min read
The Reserve Bank of India (RBI) has said in a presentation to its central board that a ban on cryptocurrencies needs to be total and partial restrictions will not work. In the presentation, senior officials highlighted the issue of trackability of transactions, valuation of cryptos, the extreme price volatility, legal issues and identifying the various actors in the crypto transaction chain as areas of concern.
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