{"id":35990,"date":"2022-02-15T03:02:38","date_gmt":"2022-02-15T03:02:38","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=35990"},"modified":"2022-02-15T03:02:38","modified_gmt":"2022-02-15T03:02:38","slug":"cryptocurrencies-akin-to-ponzi-schemes-says-reserve-bank-of-india-deputy-suggests-national-ban","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=35990","title":{"rendered":"Cryptocurrencies akin to Ponzi schemes, says Reserve Bank of India deputy, suggests national ban"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostCryptocurrencies are akin to Ponzi schemes or worse and banning them is the most sensible option for India to avoid the threat they pose to financial and macroeconomic stability, a deputy governor at the Reserve Bank of India (RBI) said on Monday.Monday\u2019s comments from T. Rabi Sankar followed a similarly withering assessment of digital currencies by RBI Governor Shaktikanta Das only days after the Indian government established a taxation framework for cryptocurrencies.\u201cWe have also seen that\u2026<a href=\"https:\/\/www.scmp.com\/tech\/policy\/article\/3167060\/cryptocurrencies-akin-ponzi-schemes-says-reserve-bank-india-deputy?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostCryptocurrencies are akin to Ponzi schemes or worse and banning them is the most sensible option for India to avoid the threat they pose&hellip; <\/p>\n","protected":false},"author":0,"featured_media":35991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/35990"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35990"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/35990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/35991"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35990"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}