News India Network
Buisness

Regarding cryptocurrency regulations, RBI Governor Das said, “What is Good for Another Market Need Not Be Good for Us.”

<p>Governor of the Reserve Bank Shaktikanta Das said on Thursday that “what is good for another market need not be good for us” and that the bank would not follow other banks’ lead when it comes to regulating cryptocurrencies. His comments are made in light of the US Securities and Exchange Commission’s approval of modifications that would enable the establishment of bitcoin exchange-traded funds in the US.</p>
<p><img decoding=”async” class=”alignnone wp-image-347796″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-regarding-cryptocurrency-regulations-rbi-governor-das-said-what-is-good-for-anothe.jpg” alt=”theindiaprint.com regarding cryptocurrency regulations rbi governor das said what is good for anothe” width=”1076″ height=”717″ title=”Regarding cryptocurrency regulations, RBI Governor Das said, "What is Good for Another Market Need Not Be Good for Us." 3″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-regarding-cryptocurrency-regulations-rbi-governor-das-said-what-is-good-for-anothe.jpg 510w, https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-regarding-cryptocurrency-regulations-rbi-governor-das-said-what-is-good-for-anothe-150×100.jpg 150w” sizes=”(max-width: 1076px) 100vw, 1076px” /></p>
<p>“What works well for one market may not work well for another. Therefore, when it comes to rules pertaining to cryptocurrency, both the Reserve Bank’s and my own personal opinions remain unchanged, Das said. He was giving a speech at a BFSI event that the magazine Mint had organized.</p>
<p>In response to a question on whether he thought the next vote on account would cause inflation, he said that based on the current government’s track record, he did not believe that the interim budget would. The governor cited the many supply-side initiatives the administration has implemented since the start of the conflict between Russia and Ukraine to limit price increases.</p>

Related posts

Medical devices: An argument for inclusion

Enhance Your Console Gaming Experience With Xbox Accessory

Nike’s quarterly profits decline as a result of rising costs, but sales are still strong

Check Out The Specifications, Engine Information, And Expected Prices For Kawasaki’s Upcoming ZX-4R In India Here

Karnataka elections: What’s at stake for BJP in Old Mysuru region | Karnataka Election News – Times of India

Admin

Have you yet to get your ITR refund? Here is a step-by-step guide on how to check the status of a tax refund for fiscal year 2022–2023