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RBI New Notification. Impact On Crypto?
The RBI � one of the staunchest opponents of crypto in India and globally � does not have crypto taxation in its mandate, the senior official. Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday (October 31) said cryptocurrencies are a serious threat to financial. The creation, trading or usage of VCs including Bitcoins, as a medium for payment are not authorised by any central bank or monetary authority.

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He referred to a recent International Monetary Fund IMF paper, which acknowledged the need for countries to consider imposing additional restrictions on cryptocurrencies as and when required. Reserve Bank of India RBI Governor Shaktikanta Das on Tuesday October 31 said cryptocurrencies are a serious threat to financial stability for all countries, especially for emerging market economies. History of the rupee Coinage of India Coinage of Asia. Indian rupee sign.