The governor of the Indian central bank claimed on Wednesday that the country is not at war with cryptocurrencies but that there should be a ban on their use because they lack any underlying principles.
Shaktikanta Das, governor of the RBI, warned lawmakers and banking executives in a crowded room about the significant risk that cryptocurrencies pose to the macroeconomic stability of the country. I don’t believe we need to say anything further in light of the past year’s developments, including the most recent incident involving FTX. Cryptocurrency is worth what it is currently worth, as time has shown.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
