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RBI maintains stance against crypto; Governor says it has no underlying value

Shortpedia

Content Team
Image Credit: Inc42

RBI maintains its stance against cryptocurrencies, especially amid the current crypto market crash. Moreover, the central bank has also been cautioning investors and the government against crypto. We have been cautioning against crypto and look at what has happened to the crypto market now. Had we been regulating it already, then people would have raised questions about what happened to regulations, RBI governor Shaktikanta Das said.