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 112 days ago
 Source: inc42.com

The Bitcoin Fund IPO, RBI Governor On Anti Cryptocurrency Policy & More

Quick Summary

Responding to a media question, Das reiterated that with regard to virtual currency there is the fact it is private digital currency. RBI is very clearly against any kind of private digital currency.”“Let me also add that it’s not just the RBI, world over, the central banks and the governments are against the private digital currency. A private currency cannot override sovereign mandate…there are huge challenges around money laundering,” said Das. It said, “Love It or Hate It, Tether Boosts Bitcoin as Crypto Standard. There’s little to dislodge Bitcoin and Tether as the crypto-asset leaders, in our opinion, with related market implications.

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