Cryptos are nothing but gambling, their value only make-believe: RBI Guv

On the CBDC being piloted now, he said central banks issued digital currencies are the future of money and its adoption can help save on logistic and printing costs

RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das (Photo: Bloomberg)
Press Trust of India Mumbai
4 min read Last Updated : Jan 13 2023 | 10:41 PM IST

Reserve Bank governor Shaktikanta Das on Friday reiterated his call for an outright ban on cryptocurrencies, saying these are nothing but gambling and their perceived value is nothing but make-believe."

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :cryptocurrencygamblingRBI GovernorRBIShaktikanta Das

First Published: Jan 13 2023 | 10:41 PM IST

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