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India's Central Bank Governor Calls Crypto "Gambling," Asks for Blanket Ban Again!

India’s central bank governor has once again expressed skepticism toward cryptocurrencies, saying these assets are “nothing but gambling” and asking for a blanket ban. Speaking at a Business Today event, Shaktikanta Das...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

India's Central Bank Governor Calls Crypto "Gambling," Asks for Blanket Ban Again!
India’s central bank governor has once again expressed skepticism toward cryptocurrencies, saying these assets are “nothing but gambling” and asking for a blanket ban.
Speaking at a Business Today event, Shaktikanta Das claimed cryptocurrencies don't have any intrinsic value and their perceived “value is nothing but make-believe." He said cryptos are not even a tulip, alluding to the well-known Dutch tulip mania blow-up in the early part of the past century....
Read More: India's Central Bank Governor Calls Crypto "Gambling," Asks for Blanket Ban Again!

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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