RBI Governor Shaktikanta Das Issues Crypto Warning After Terra’s LUNA, UST Collapse

RBI Governor Shaktikanta Das Issues Crypto Warning After Terra’s LUNA, UST Collapse

Shaktikanta Das, the governor of the Reserve Bank of India has stated in an interview that the country’s central bank has rightly been cautioning against cryptocurrencies, following the collapse of Terra’s UST and LUNA. On May 15, RBI officials warned that with most cryptocurrencies denominated by the US dollar, it…