Cryptocurrencies
India’s Central Bank Chief Says Crypto Is ‘Not Even a Tulip’
- Das says there is no underlying asset when investing in crypto
- RBI preparing groundwork to launch its own digital currency
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
India’s central bank Governor Shaktikanta Das, a long-time opponent of cryptocurrencies, launched another broadside against digital tokens, saying they have no underlying value and are a threat to financial stability.