• About
  • Advertise
  • Careers
  • Contact
Tuesday, February 7, 2023
No Result
View All Result
  • Login
  • Register
  • News
  • Nation Builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • LORD HANUMAN : CHAR DHAM PROJECT
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
    • Teen Murti Bhavan campus New Delhi
  • Zoom-In
  • Perspective
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi
  • News
  • Nation Builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • LORD HANUMAN : CHAR DHAM PROJECT
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
    • Teen Murti Bhavan campus New Delhi
  • Zoom-In
  • Perspective
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi
No Result
View All Result
No Result
View All Result
Home Blitz India Media

Crypto ‘nothing but gambling’: RBI Guv

Blitzindiamedia by Blitzindiamedia
January 20, 2023
in Blitz India Media, News
0
Multiple shared interests with India
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

NEW DELHI: Reserve Bank Governor Shaktikanta Das has reiterated his call for an outright ban on cryptocurrencies, saying these are “nothing but gambling” and their perceived “value is nothing but make-believe.”

To further its opposition to such currencies and also to take a lead over other central banks, the RBI had recently launched its own digital currency (central bank digital currency), in the form of e-rupee on a pilot mode, first for the wholesale market in late last October and a month later for retail customers.

Related posts

Uttar Pradesh: The miracle of double-engine governance

Uttar Pradesh: The miracle of double-engine governance

February 4, 2023
UNGA chief calls for urgent UNSC reform

UNGA chief calls for urgent UNSC reform

February 4, 2023

Speaking at a banking conference in New Delhi on January 13, Das said, “Every asset, every financial product has to have some underlying (value) but in the case of crypto there is nothing.” Crypto is not a financial product,” he asserted. Warning that legalising cryptos will lead to more dollarisation of the economy, he said crypto masquerading as a financial asset was a completely misplaced argument.

To a question whether he saw any threat to the safety and security of banking from the increased digitization of payments, Das said banks had to ensure that they were not swallowed by big tech which today controlled most digital transactions.

On the CBDC being piloted now, he said central banks issued digital currencies were the future of money and their adoption could help save on logistic and printing costs.

Previous Post

Vande Bharat will link shared heritage of Telangana, Andhra

Next Post

Old pension scheme is back in Himachal

Next Post
Multiple shared interests with India

Old pension scheme is back in Himachal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Multiple shared interests with India

Delusions of british Imperial resurrection?

2 weeks ago
Much beyond symbolism

When media makes news

6 months ago
UN chief warning on World Environment Day

UN chief warning on World Environment Day

8 months ago
Karnataka Govt opens 114 ‘Namma Clinics’

Karnataka Govt opens 114 ‘Namma Clinics’

2 months ago

BROWSE BY CATEGORIES

  • A Tribute
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • blitzdocument
  • BlitzNEWS
  • books
  • Business
  • CAMPAIGN
  • caring economy
  • Culture
  • ECO-FOCUS
  • economy
  • ECONOMY/SPORTS
  • Entertainment
  • FOCUS UK
  • G20 PODIUM
  • Gender equality
  • GLOBETROTTING
  • health
  • international
  • latest
  • Latest News
  • Lifestyle
  • MAHARASHTRA
  • MULTILATERAL
  • NATION BUILDER
  • National
  • News
  • Opinion
  • PERSPECTIVE
  • Politics
  • REALITY CHECK
  • Recent News
  • Rising india
  • special
  • Sports
  • states
  • Travel
  • world
  • world cup
  • ZOOM-IN

POPULAR NEWS

  • Scholar administrators  are witness to an era

    Scholar administrators are witness to an era

    0 shares
    Share 0 Tweet 0
  • A great polyglot and litterateur

    0 shares
    Share 0 Tweet 0
  • A path-breaking book on pauperisation of peasants

    0 shares
    Share 0 Tweet 0
  • A great man, a glory of India

    0 shares
    Share 0 Tweet 0
  • See it, Catch it, Beat It!

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers
  • Contact

© 2022 Blitzindiamedia -BlitzIndia Building A New Nation

No Result
View All Result
  • Home
  • News
  • Nation builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi

© 2022 Blitzindiamedia -BlitzIndia Building A New Nation

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In