Cryptocurrencies Are Like Ponzi Schemes, Says RBI Deputy Governor T. Rabi Sankar

Cryptocurrencies are akin to Ponzi schemes or worse, says deputy RBI governor T. Rabi Sankar, adding that one can’t regulate something that one can’t define.

Feb 16, 2022 - 00:49
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Cryptocurrencies Are Like Ponzi Schemes, Says RBI Deputy Governor T. Rabi Sankar
Cryptocurrencies are akin to Ponzi schemes or worse, says deputy RBI governor T. Rabi Sankar, adding that one can’t regulate something that one can’t define.