Шеф индијске централне банке разбио крипто после најновијег пада

Reserve Bank of India’s (RBI) Governor Shaktikanta Das on Monday has reaffirmed his negative stance on crypto. RBI had always raised concerns that cryptos will undermine the monetary, financial, and macroeconomic stability of India. In fact, investors and the government had been warned against cryptocurrencies, which have now crashed immensely.

In addition, RBI Governor hints at announcing an interest rate hike in the next monetary policy meetings in June.

“Crypto Lacks Value” – RBI Governor Shaktikanta Das

У интервјуу за ЦНБЦ-ТВ18 on May 23, RBI Governor Shaktikanta Das said investors were warned against volatility in the crypto market, which has now made several investors lose money.

„Упозоравали смо на криптовалуте и погледајте шта се сада догодило са крипто тржиштем. Да смо то већ регулисали, онда би људи поставили питање шта се десило са прописима.”

Furthermore, he thinks regulating cryptocurrencies is a difficult task as they have no underlying value. Recently, Indian Finance Minister Nirmala Sithraman also made a strong case for regulating cryptocurrencies at a global level to mitigate risks such as money laundering and terror financing.

The Indian government and RBI seem to agree over cryptocurrencies hold no underlying value. The concerns of RBI and the Indian government are rising amid increasing crypto adoption in India.

“We have conveyed our position to the government and they will take a considered call.  I think the utterances and statements coming out from the government are more or less in sync.”

Meanwhile, Deputy Governor T. Rabi Sankar had also attacked crypto. He claims to ban crypto trading as it is worse than Ponzi schemes. However, RBI has not imposed any shadowban on crypto exchanges after the Supreme Court in 2020 turned down RBI’s ban on cryptocurrencies.

U.S. and European Union Stance on Cryptocurrencies

The regulators and financial bodies worldwide have turned cautious as the crypto market crashed and stablecoins destabilized. In fact, U.S. SEC Chair Гари Генслер expects more crypto turmoil could undermine confidence in traditional markets. The crypto market requires more oversight. Meanwhile, European Central Bank’s President Christine Lagarde asserts crypto is worthless and needs regulatory oversight.

Вариндер је технички писац и уредник, технолошки ентузијаста и аналитички мислилац. Фасциниран дисруптивним технологијама, поделио је своје знање о блокчејну, криптовалутама, вештачкој интелигенцији и интернету ствари. Повезан је са индустријом блокчејна и криптовалута већ дужи период и тренутно покрива сва најновија ажурирања и развој у крипто индустрији.

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