India’s Central Bank Reiterates Negative Views on Cryptocurrencies: ReportIndia’s Central Bank is worried that the rising interest in cryptocurrencies may lead to the dollarization of its domestic economy.
The news came on the heels of Coinbase CEO Brian Armstrong blaming India’s central bank for denying the Unified Payments Interface services that led to the trading services being halted days after its launch last month.by The Economic Times, the RBI expressed “comprehensions” toward cryptocurrencies when briefing the Parliamentary Standing Committee on Finance.
“It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country.”
Source: Digital Coin News (digitalcoinnews.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breakingviews - India stands between world and food riotsIndia’s pledge to feed to the world still holds more than a grain of truth. After global wheat supplies were disrupted by the war in Ukraine, Prime Minister Narendra Modi said India was ready to step up its trade. But a heatwave is singeing fields and threatening to drive domestic production of wheat down to levels last seen in 2017. Even so, the country’s rice exports matter more in global food security. ugalani You can make bread with rice flour. 🌾🍚
Source: Breakingviews - 🏆 470. / 51 Read more »
India Bans Most Wheat Exports Amid Global Food InsecurityAs the nation faces an historic heat wave and soaring food inflation, the Commerce Ministry announced on Friday that its own food security is “at risk.” look at my boobs Or is this the way for India to appease Putin? Yikes
Source: thedailybeast - 🏆 307. / 63 Read more »
Tesla's Move Into India Is On Hold According To ReportsTesla's move into India is currently on hold, Reuters reported adding that Tesla has abandoned a search for a showroom India wants 24x7 elect-city first lol 😂 India is like the boy who pushes his bike to school because he doesn't have time to get on it. There is No possibility of Tesla cars on India's roads in the near future.
Source: cleantechnica - 🏆 565. / 51 Read more »
India open to exporting wheat to needy nations despite banIndia says it will keep a window open to export wheat to food-deficit countries at the government level despite an export ban announced on Friday
Source: ABC - 🏆 471. / 51 Read more »
India Bans Exports of Wheat, Citing Threat to Food SecurityIndia has banned exports of wheat effective immediately, citing a risk to its food security, partly due to the war in Ukraine.
Source: NBCLA - 🏆 319. / 59 Read more »
India stun Indonesia to win maiden Thomas Cup titleIndia's men's badminton team pulled off a major upset by beating 14-times champions Indonesia 3-0 in the final on Sunday to win their maiden Thomas Cup title.
Source: Reuters - 🏆 2. / 97 Read more »