Crypto regulations | What is good for another market need not be good for us: RBI governor Shaktikanta Das
The Hindu
Reserve Bank Governor Shaktikanta Das on January 11 said the Central bank will not emulate others on crypto currency regulations and asserted that “what is good for another market need not be good for us”.
Reserve Bank Governor Shaktikanta Das on January 11 said the Central bank will not emulate others on crypto currency regulations and asserted that "what is good for another market need not be good for us".
His remarks come against the backdrop of the U.S. Securities and Exchange Commission approving changes to allow the creation of bitcoin exchange-traded funds in the U.S.
"What is good for another market need not be good for us. Therefore our views — both that of the Reserve Bank and personally that of mine — remain the same," Mr. Das said on crypto currency regulations. He was speaking at a BFSI summit organised by the publication Mint.
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