scorecardresearchRBI governor warns against cryptocurrencies, says tulips have more value

RBI governor warns against cryptocurrencies, says tulips have more value

Updated: 11 Feb 2022, 12:26 PM IST
TL;DR.
Governor Shaktikanta Das gave his assessment barely a few days after the government established a taxation framework for cryptocurrencies
RBI Governor Shaktikanta Das compared the euphoria around cryptocurrencies to the tulip mania in Netherlands. Photo: Francis Mascarenhas/ Reuters

RBI Governor Shaktikanta Das compared the euphoria around cryptocurrencies to the tulip mania in Netherlands. Photo: Francis Mascarenhas/ Reuters