Reserve Bank of India says CBDCs will kill cryptos and VDAs, while the crypto industry disagrees
According to T Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), central bank digital currencies (CBDCs) could ‘kill’ so-called private cryptocurrencies or virtual digital assets (VDAs). RBI openly offensive against cryptos The central bank openly condemned cryptos ahead of the government’s consultation document on these digital assets. The industry, on the other hand, […]