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TMS, Ep 41: Fate of crypto, Falguni Nayar, Q2 results, and F&O trading
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business-standard.comReserve Bank of India (RBI) governor Shaktikanta Das has reasserted his tough stance on cryptocurrencies and claimed that they pose a threat to the financial stability of the country. Das also said that the central bank has conveyed its reservation on virtual currencies to the Union government, which, he said, is actively looking into it.
The RBI had in 2018 banned the trade in cryptocurrencies, but the move was shot down by the Supreme Court in March last year. So, amid a growing interest in virtual currencies, where do the central bank and the government stand? Nykaa’s founder and CEO Falguni Nayar has been in the news for all the good reasons lately.
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