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T Rabi Sankar, RBI Dy Governor, Says Banning Cryptocurrency Most Advisable Route For India

INDIA Team Latestly|

On February 14, T Rabi Sankar, Deputy Governor, Reserve Bank Of India (RBI) said that cryptocurrencies are akin to Ponzi schemes or even worse and banning these is the most advisable option for IndiaT Rabi Sankar said that cryptocurrencies have no intrinsic value. He explained what precisely is a cryptocurrency and why it should be banned. Watch the video to know more.