RBI seeks crypto ban, govt seeks global support to regulate it: FM Nirmala Sitharaman
Image Credit: economic times
The Union Finance Minister Nirmala Sitharaman has dropped a bombshell on India’s crypto industry, stating that RBI is of the opinion that crypto should be banned. The finance minister was addressing the queries pertaining to cryptocurrencies in Lok Sabha today. Adding to her comments, Sitharaman said that banning crypto will not be possible without international support, as cryptocurrencies are borderless.