Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability

The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stableness and is marked by regulatory ambiguity.” The Indian cardinal slope besides cautioned that immoderate cryptocurrency systems whitethorn beryllium “prone to situation without safeguards.” RBI Bulletin’s Crypto and Defi Warnings India’s cardinal bank, the Reserve Bank […]