<span style="color: #222222;">RBI Governor Shaktikanta Das sounded alarm on cryptocurrencies, cautioning investors on the potential pitfalls of digital currency.<br />''<br />'' He said Cryptocurrencies are a very serious concern from a macroeconomic and financial stability point of view.<br />''<br />''Shaktikanta Das's comments come at a time when the craze for cryptocurrencies is growing among Indian investors, especially the retail ones.<br />''<br />''The craze for cryptocurrencies in India has grown after Supreme Court overturned the RBI order, which effectively lifted the ban on cryptocurrency trading in India.<br />''<br />''The central government is yet to enact a law on cryptocurrencies. It is in consultation with industry experts and other stakeholders over the issue.&nbsp;</span><br />
News On AIR | November 11, 2021 10:39 AM
RBI Governor Shaktikanta Das sounds alarm on cryptocurrencies; cautions investors on the potential pitfalls