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Cryptocurrencies pose risks to EMs, India's stand remains unchanged - Cenbank Chief
Cryptocurrencies can pose significant risks to emerging markets, the Reserve Bank of India (RBI) chief said on Thursday, cautioning that the central bank's stand on the issue remains unchanged despite wider acceptance in other countries. "Our position, my position and the RBI's position on this (cryptocurrencies) remains unchanged irrespective of who does what," Shaktikanta Das said in response to a question about the U.S. securities regulator approving the first U.S.-listed exchange traded funds to track bitcoin, a move that could bolster the world's largest cryptocurrency and the broader crypto industry. "For ... (full story)