Crypto ban should be considered: RBI governor Shaktikanta Das

Share via:

“There were views expressed that the option of a ban or prohibition should also be considered,” RBI governor Shaktikanta Das said over the weekend in Bengaluru.

G20 finance ministers and central bankers appeared to be in agreement on regulating crypto assets, with a complete ban also on the table. India has already proposed a joint technical paper by the International Monetary Fund (IMF) and the Switzerland-based Financial Stability Board during G20 meetings (FSB). According to a government statement, the purpose of this paper is to “synthesise the macroeconomic and regulatory perspectives of crypto-assets” in order to help formulate policies for the crypto space.

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.

Popular

More Like this

Crypto ban should be considered: RBI governor Shaktikanta Das

“There were views expressed that the option of a ban or prohibition should also be considered,” RBI governor Shaktikanta Das said over the weekend in Bengaluru.

G20 finance ministers and central bankers appeared to be in agreement on regulating crypto assets, with a complete ban also on the table. India has already proposed a joint technical paper by the International Monetary Fund (IMF) and the Switzerland-based Financial Stability Board during G20 meetings (FSB). According to a government statement, the purpose of this paper is to “synthesise the macroeconomic and regulatory perspectives of crypto-assets” in order to help formulate policies for the crypto space.

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Data Management Maestro, The Expertise and Leadership of Siva...

New Delhi (India) April 3: Siva Karthik Devineni, a...

Meta pauses plans to train AI using European users’...

Meta has confirmed that it will pause plans...

KreditBee Subsidiary KB NBFC Raises $32 Mn In Debt...

SUMMARY KB NBFC raised the debt funding from Yubi,...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!