Reserve Bank of India Governor Shaktikanta Das today said that cryptocurrencies are a very serious concern for the central bank. The concerns are primarily stemming from a macroeconomic and financial stability perspective, Das said to Business Standard.
The central bank has given its feedback to the government and made its concerns amply clear, Das said. Das also said that he felt that the number of participants who are said to be investing in cryptocurrencies may be exaggerated.
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