RBI governor warns next financial crisis will come from privately run digital currencies

Instead of speculative coins, RBI Governor Shaktikanta Das says CBDCs will address the growing 'cryptoization' of the economy while providing benefits in the financial and payments industry. [...] Read More...…

Continue ReadingRBI governor warns next financial crisis will come from privately run digital currencies

Lending firm MyConstant breaches securities law, ordered to stop offering digital asset products

Despite being flagged for unlicensed loan brokering, MyConstant says it will continue to offer some of its services to investors, including virtual currency-backed loans. [...] Read More... The post Lending…

Continue ReadingLending firm MyConstant breaches securities law, ordered to stop offering digital asset products