Crypto Adoption Numbers in India Could be ‘Exaggerated’, Says RBI Governor

Crypto Adoption Numbers in India Could be ‘Exaggerated’, Says RBI Governor
The governor of the Reserve Bank of India (RBI) believes that the number of Indians reported to be investing in crypto could be “exaggerated.”Shaktikanta Das said he is “not so sure about the numbers which being quoted,” in an interview, which was part of financial newspaper Business Standard’s BFSI Insight Summit on Wednesday.“With a reasonable amount of confidence, I think the number of participants in the crypto market seems somewhat exaggerated,” he said, but admitted the RBI does not have a completely clear view as it is an unregulated sector.Das added that 70% or more of participants had only invested…