'Cryptocurrency could cause serious financial instability': RBI Guv Das bats for crypto ban

Описание: The Reserve Bank of India Governor Shaktikanta Das drew a line between the use of technology for enhancing businesses and the speculation in anonymous cryptos which could potentially destabilise the financial systems as the legislation for the most important financial sector innovation of the century enters the last phase. Das also cautioned lending institutions from going overboard in their dealings with big tech entities and mandated them to have ‘sufficient safeguards’ in their business contracts with such firms.

► Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTim...

► More Videos @ ETTV - http://economictimes.indiatimes.com/TV

► http://EconomicTimes.com

► For business news on the go, download ET app:
https://etapp.onelink.me/tOvY/Economi...

Follow ET on:

► Facebook -   / economictimes  
► Twitter -   / economictimes  
► LinkedIn -   / economictimes  
► Instagram -   / the_economic_times  
► Flipboard - https://flipboard.com/@economictimes