'Only one or two will survive', says Raghuram Rajan as Modi govt mulls banning cryptocurrencies

Amid talks of the Centre bringing a bill to prohibit all private cryptocurrencies in the country in the Winter Session of Parliament starting November 29, former Reserve Bank of India Governor Raghuram Rajan has said that most cryptocurrencies will not survive and that "only one or two or a handful out of around 6,000 cryptocurrencies that are in existence today would survive".

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