Das said the central bank acted as per the evolving economic developments and also gave out a timeline of its actions to explain the shift.
Briefing the Parliamentary Standing Committee on Finance chaired by former minister of state for finance Jayant Sinha, top officials of the RBI, including its governor Shaktikanta Das, clearly expressed their apprehensions about cryptocurrencies and said these pose challenges to the stability of the financial system, sources said.
The market value of these novel assets rose to nearly $3 trillion in November from $620 billion in 2017, on soaring popularity among retail and institutional investors alike, despite high volatility.
Uncertainty over cryptocurrency regulation is fuelling a selloff. Finance expert shares views on Cryptocurrency as an asset class.
Bhubaneswar: Amidst the hype surrounding massive returns from crypto digital currency, Commissionerate Police on Monday arrested two persons for duping around Rs 15 lakh from people by luring them to invest in Bitcoins. This is reportedly the first of its kind Bitcoin fraud to be reported in Odisha while further investigation in this connection is […]
Bhubaneswar: Following the attack of WannaCry Ransomware in Ganjam district of Odisha, CEO & Founder of Global Tech Promoters Deepak Kumar Nath, a renowned ethical hacker, in an exclusive interview to Siddharth Roshan, representative of odishatv.in, explains about the problem that has panicked more than 140 countries. Deepak is a security researcher, who has discovered […]
New Delhi: In one of its biggest crackdown on illegal ticketing in the railways, the RPF has arrested a madrassa-educated, self-taught software developer from Jharkhand in a racket which has links to Pakistan, Bangladesh and Dubai with suspected involvement in terror financing, a senior official said on Tuesday. Ghulam Mustafa (28), who was arrested from […]
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