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Cryptopolitan 2023-06-29 06:35:46

RBI Highlights Risks of Stablecoins for Developing Economies

In its latest Financial Stability Report released on June 28, the Reserve Bank of India (RBI) has underscored the potential dangers associated with stablecoins and their impact on emerging markets and developing economies (EMDEs). The RBI, known for its skeptical stance on cryptocurrencies, outlined six specific risks that stablecoins pose, urging global regulatory authorities to ... Read more

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