2021-02-24 09:56:40
The monetary authority has conveyed these “major concerns” to the government, RBI governor Shaktikanta Das said in an interview to CNBC TV-18 Wednesday. Prime Minister Narendra Modi’s administration is proposing to prohibit all private cryptocurrencies in the country and create a framework for an official digital currency.
The RBI had banned banks and other regulated entities from supporting crypto transactions in 2018 after digital currencies were used for fraud following Modi’s landmark demonetisation program that replaced India’s cash with new bills in a bid to ferret out tax-evaders.
The Supreme Court cut the curbs last year in response to a petition by cryptocurrency exchanges.
Bitcoin, buoyed by a tide of monetary and fiscal stimulus across the globe, has had a volatile five-fold surge over the past year. The largest cryptocurrency rallied back above $50,000 on Wednesday after supportive comments from Ark Investment Management’s Cathie Wood.
Believers such as Wood see an emerging asset class being embraced by long-term investors, not just speculators. Critics, meanwhile, fear Bitcoin is a bubble that will inevitably burst.
Tesla Inc chief executive officer Elon Musk in recent tweets said Bitcoin prices “seem high,” having earlier called it a “less dumb” version of cash.
Microsoft Corp co-founder Bill Gates cautioned about how investors can be swept up in manias. Treasury secretary Janet Yellen said Bitcoin is an “extremely inefficient way of conducting transactions.”
tadalafil generic: http://tadalafilonline20.com/ generic tadalafil
medications without a doctor’s prescription: https://genericwdp.com/ generic drugs without doctor’s prescription
generic drugs without doctor’s prescription generic pills for ed
cost of viagra order viagra online
viagra online usa
when will viagra be generic generic viagra walmart
viagra amazon
http://zithazi.com/ – where can you buy zithromax
pain medications without a prescription
http://valtrex10.com/ – cost of valtrex rx
prescription drugs online
п»їviagra pills https://viagrapills100.com/ viagra without a doctor prescription usa
https://gabapentinst.com/# neurontin capsule 400 mg
https://zithromaxproff.com/# buy zithromax no prescription
zithromax buy online
order floxin: buy keftab online
buy tinidazole