scorecardresearchUS Fed issues directive for banks set to foray into crypto activities

US Fed issues directive for banks set to foray into crypto activities

Updated: 17 Aug 2022, 09:23 AM IST
TL;DR.
Indian central bank Reserve Bank of India Governor Shaktikanta Das recently said that cryptocurrencies are a clear danger and anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name.
FILE PHOTO: Representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

FILE PHOTO: Representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo