
India to seek crypto regulation, including possible ban, during G20 presidency: RBI
It is important to arrive at a common approach to crypto assets to protect investors, says RBI.
It is important to arrive at a common approach to crypto assets to protect investors, says RBI.
RBI had observed digital currencies “will have a de-stabilising effect on the monetary and fiscal stability of a country”, due to their volatility, the FM said.
Countries that chose to prohibit crypto can't succeed unless there is a global consensus around it, says DEA secretary Ajay Seth.
Cryptos need to be tested out in a project mode in a sandbox environment rather than banned outright, says CII's Sanjiv Bajaj.
The long-time business partner of Warren Buffett calls for a ban on cryptocurrencies.
RBI Deputy Governor T Rabi Shankar warned that cryptocurrencies threaten the financial sovereignty of a country, making it susceptible to strategic manipulation
RBI governor Shaktikanta Das earlier cautioned that private cryptocurrency is a big threat to India's macroeconomic and financial stability.
The Nischal Shetty and Samir Mhatre founded crypto exchange WazirX is owned by Binance, a company of Chinese origin.