Today news
About the same in other media
RBI cautions banks' chiefs on risk involved in cryptocurrency trade
Reading now: 433
business-standard.comLess than a year after the Supreme Court struck down the ban on crypto currencies imposed by the Reserve Bank of India (RBI), the regulator has shot off a letter to commercial banks, alerting them about the risks involved with them.
According to highly-placed sources in the central bank, a formal communication on the matter was sent to banks chiefs about 10 days ago. “The RBI has sensitised the banks about dealing in crypto currencies. Banks were told about the various risks involved,” said a source. “Banks have been asked to factor in the risks emanating from ...
Key stories on business-standard.com are available to premium subscribers only.
MONTHLY STAR
Note: Subscription will be auto renewed, you may cancel any time in the future without
Read more on business-standard.comAbout this in other media
RBI raises fresh concerns over stablecoins economictimes.indiatimes.com /2 years ago
Private Cryptocurrencies May Soon Vanish From Russia blockchain.news /3 years ago
In favour of complete ban on cryptos: RBI to Central Board economictimes.indiatimes.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
