Finance (cryptocurrency- Digitalized money) According to two persons familiar with the situation, the Reserve Bank of India (RBI) is trying to red flag DeFi (decentralised finance) applications and initiatives and has sought legal guidance on how they function. According to legal experts, India presently lacks any regulations governing cryptocurrency, much alone something as disruptive asContinue reading “The Reserve Bank of India is looking to raise warning flags about decentralised financial applications.”
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