Indian Central Bank Intends to Make G-20 Focus on Macro Risks of Crypto

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The move is seen as a step to attract attention towards how crypto can hurt or completely change the global economy rather than just nations and customers individually, government sources have told CoinDesk previously. However, this is perhaps the first time the RBI has articulated its “intent” as an important stakeholder in the current global conversation around global crypto rules, even as it reiterated its concerns saying “cryptocurrencies are a material threat to financial stability.”

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