India's Central Bank Head Claims Crypto Has No Underlying Value
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Shaktikanta Das, the governor of the Reserve Bank of India, has reiterated that cryptocurrencies have no underlying value, according to a report by a local media outlet.
The central bank head pointed to the recent cryptocurrency correction to justify his cautious attitude toward cryptocurrencies.
Das has stressed that the central bank seems to be on the same page with the government when it comes to cryptocurrencies.
Central banks around the globe remain hawkish toward cryptocurrencies.
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