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Cryptocurrencies Worse Than Ponzi Schemes: RBI Deputy Governor

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  • Published On: February 15, 2022
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Cryptocurrencies are similar to Ponzi schemes or even worse and banning these is the most sensible option for India, the Reserve Bank of India's deputy governor T Rabi Sankar said on Monday. All these factors lead to the conclusion that banning cryptocurrency is perhaps the most advisable choice open to India, he said.
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