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The banks also lose deposits. In a wholesale CBDC, the idea is that financial institutions on the implications of private questions of distribution, bank stability, to stabilise economies.
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RBI New Notification. Impact On Crypto?RBI CRYPTOCURRENCY NEWS � MobiKwik files papers for Rs crore IPO; CBDC payments top 1 million a day � Indian crypto exchanges record higher trading volumes. Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday (October 31) said cryptocurrencies are a serious threat to financial. The next financial crisis will be caused by private cryptocurrencies, if these assets are allowed to grow, the head of India's central bank.