The Reserve Bank of India (RBI) has reported its Cryptocurrency on the side of the ban completely. According to the news of Economic Times, this information has given him an awareness of discussions in the meeting of the Central Board of RBI on Friday.
According to the report, RBI gave a detailed presentation to the Board, in which he has highlighted serious concerns related to Exchange Management with macroeconomics and financial stability. The Central Board also talked about the challenges in regulating these assets starting abroad.
RBI Governor Shaktikant Das also said that he had a serious threat to any financial system because he is not in control of central banks.
Recently, Finance Minister Nirmala Sitharaman had said in the Rajya Sabha that the government will soon present a bill on cryptocurrency.
He said that after getting approval from the central cabinet, this bill will come to the House. The government had also listed a similar bill in the Parliament's last season (monsoon session), but it was not taken.