![Crypto not an alternative to 'fiat money'; no ‘fundamental value’: White House](https://images.assettype.com/fortuneindia%2F2021-12%2F571cb4ed-f6f7-4d55-a9c6-d36991628332%2Fcrypto_pic.jpg?w=300&q=95)
Crypto not an alternative to 'fiat money'; no ‘fundamental value’: White House
White House in a scathing report says crypto innovation has been mostly about creating artificial scarcity to support its assets’ prices.
White House in a scathing report says crypto innovation has been mostly about creating artificial scarcity to support its assets’ prices.
It is important to arrive at a common approach to crypto assets to protect investors, says RBI.