Citing lack of stability, RBI cautions retail investors against investing in cryptocurrencies

New Delhi [India], May 22 (ANI): RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.

RBI, in its monthly bulletin released Tuesday, asserted that their findings suggest that the interest in cryptocurrencies is driven by speculative motive rather than a means of payment for