India's Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST – Regulation Bitcoin News

France Nouvelles Nouvelles

India's Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST – Regulation Bitcoin News
France Dernières Nouvelles,France Actualités
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

“We have been cautioning against crypto and look at what has happened to the crypto market now,” said RBI. crypto cryptocurrency

India’s central bank, the Reserve Bank of India , has warned about investing in the crypto market following the collapse of cryptocurrency terra and stablecoin terrausd . “We have been cautioning against crypto and look at what has happened to the crypto market now,” said Governor Shaktikanta Das.The governor of the Reserve Bank of India , Shaktikanta Das, discussed the crypto market downturn and the regulation of crypto assets in an interview with CNBC TV18 Monday.

Had we been regulating it already, then people would have raised questions about what happened to regulations. There are big questions on how do you regulate it. Our position remains very clear, it will seriously undermine the monetary, financial and macroeconomic stability of India.The governor believes that the Indian government shares the central bank’s stance on crypto. “We have conveyed our position to the government and they will take a considered call,” the central bank chief noted. “I think the utterances and statements coming out from the government are more or less in sync.

that Coinbase India disabled payments by the Unified Payments Interface days after launch due to “informal pressure” from the RBI.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

BTCTN /  🏆 531. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNAThe Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNAA detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
Lire la suite »

Some Binance Employees Suggested Trading Against Their Own Users During Luna and UST DrawdownSome Binance Employees Suggested Trading Against Their Own Users During Luna and UST DrawdownBinance CEO could have made small fortune trading against his own users, but instead, he fired employees who suggested it
Lire la suite »

Lawsuits aimed at recouping UST/Luna losses test uncharted watersLawsuits aimed at recouping UST/Luna losses test uncharted watersLegal trouble is brewing for Terraform Labs following last week’s collapse of TerraUSD. Do unhappy investors have a case?
Lire la suite »

Binance CEO: Luna and UST 'Was Just Stupid'Binance CEO: Luna and UST 'Was Just Stupid'ICYMI: Changpeng Zhao argues that Terra's $LUNA and $UST were not scams, and that the problem lies with the developers Terra Binance
Lire la suite »

The Terra (LUNA) Collapse: 4 Lessons To Be Learned (Opinion)The Terra (LUNA) Collapse: 4 Lessons To Be Learned (Opinion)Terra's failure revealed a lot about the inner workings of stablecoins, the fallibility of developers, and much more.
Lire la suite »



Render Time: 2025-03-19 01:10:45