'Far deeper issues': RBI Governor expresses concerns over cryptocurrencies. Read here
There are "far deeper issues" involved in virtual currencies that could pose a threat to India’s economic and financial stability, Reserve Bank of India (RBI) Governor Shaktikanta Das expressed his concerns over cryptocurrencies on Tuesday for the second time in a week.
Governor Das's statement comes within a few days of Prime Minister Narendra Modi holding a meeting on the cryptocurrencies amid worries over misleading claims of huge returns on cryptocurrency investment.
On Monday, news agency PTI had reported that the Parliamentary Standing Committee on Finance discussed the pros and cons of crypto finance with various stakeholders, and several members were in favour of regulating crypto currency exchanges rather than an outright ban on
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