Post
Topic
Board Bitcoin Discussion
Re: Here is why Cryptocurrency future in India is in danger
by
kryptqnick
on 12/12/2018, 19:10:05 UTC
2 days ago, the previous governor of RBI Urijit Patel resigned from his position citing personal reasons.

Now, the new governor is Shaktikanta Das, who few months ago told this:



You can read the full interview here: https://www.google.com/amp/s/qz.com/india/1224492/bitcoin-just-cant-be-regulated-in-india-insists-an-influential-former-bureaucrat/amp/

:/

First of all, that guy could've changed his mind over the months. Secondly, India is not some absolute monarchy where Shaktikanta Das is a ruler. Even if he is the head of the bank, it means only that he can give some useless interviews and probably advices. He cannot influence the legislation directly. Moreover, the head of the bank probably also doesn't make serious decisions on his own. In my country there is a situation in which the National Bank is quite against cryptos. Nevertheless, it does not affect crypto legislation project laws at all. I hope India is going to be fine.