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RBI raises fresh concerns over stablecoins
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economictimes.indiatimes.comReserve Bank of India (RBI) has raised fresh concerns over stablecoins and said that any crypto asset pegged to the US
dollaror any other global currency could undermine the Indian rupee. Central bank officials have raised these concerns with the government in several meetings held recently, people aware of the development said. Stablecoins are cryptocurrencies where value is derived from an underlying asset-- USD or gold in most cases.
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Iloilo City, a city in the Philippines, is the first city in the Asia Pacific where 3 luxury residential properties were sold in exchange for cryptocurrencies in 2019
View Details »The fear is that going ahead, companies or traders could move to stablecoins even for domestic
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