Reserve Bank of India Governor: Needs “More Credible Answers” ​​on Cryptocurrency

Shaktikanta Das, Governor of the Reserve Bank of India, said on Thursday that they needed “more credible answers” ​​about how cryptocurrencies could contribute to the Indian economy.

  • The Governor of the Reserve Bank of India, in his September 9 speech, “On cryptocurrencies in terms of financial stability We have serious and great concerns. We have conveyed this to the government as well.” said.

  • Shaktikanta Das expresses his concerns about cryptocurrencies also in june He expressed it in expressions similar to those of today.

  • According to unofficial data, the total more than 15 million There are crypto investors and more than 350 crypto startups.

  • Your decision in regulation studies is now “to the government” Saying Das, “I private cryptocurrencies to the Indian economy in the future. What contribution will it make? I think we need more convincing answers. We need more believable explanations and answers to be persuaded.” made the statement.

  • Finance Minister Nirmala Sitharaman announced that they are waiting for approval from the cabinet for the bill that will regulate cryptocurrencies.

Image: Shaktikanta Das (Press office/Government of India, image modified by Koin Bulletin)

Governor of the Reserve Bank of India: The article titled “I Need More Credible Answers” ​​on Cryptocurrency was prepared by Ömer SAKMAR and published on