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22.11 - 18:37
Numbers on crypto market participants highly exaggerated: RBI Governor
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economictimes.indiatimes.comcryptocurrencies looks highly exaggerated, Reserve Bank of India governor Shaktikanta Das said on Wednesday while highlighting once again his concerns over the proliferation of virtual currencies. Das said that over 70 per cent of investors did not invest more than Rs 3000.
Cryptocurrency exchanges had recently claimed through advertisements that Indian crypto investments had topped Rs 6 lakh crore with over 10 crore Indians actively trading in this space. “In terms of the amount that has been invested it’s definitely growing and anecdotally we hear so many things,” RBI Governor Das said while speaking to a publication.
“But, I am not so sure about the numbers that are being quoted. Because, whatever information we have, with a reasonable
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