“We are concerned about crypto,” says RBI Governor Malhotra
Addressing a media briefing after the central bank’s Monetary Policy Committee (MPC) meeting, Malhotra said there is currently no new development regarding cryptocurrencies. His statement came in response to a question about the Supreme Court’s recent observations on the need for a clear regulatory framework for crypto.
“There is no new development as far as crypto is concerned. A committee of the government is looking after this,” the RBI Governor said. “Of course, as you are aware, we are concerned about crypto because that can hamper financial stability and monetary policy.”
