What India’s Finance Ministry Thinks About DeFi and Its Risks?

Quick Summary:

As many countries, including the United States, show growing support for cryptocurrency, India’s Ministry of Finance recently discussed its views on Decentralized Finance (DeFi), highlighting both its promise and the challenges it poses.

Spot Bitcoin ETFs Face $1.

Recently, the Reserve Bank of India (RBI) has also raised warnings about the risks associated with unregulated cryptocurrencies.

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Article Details

Author / Journalist: Sarala

Category: Crypto

Markets: United Arab EmiratesIndiaUnited States

Topics: Cryptocurrecncy Stablecoin Market News DeFi

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 12:11:45 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 250 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24662712

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 28 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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