Indian Central Bank Governor Says Blockchain Technology Can Thrive Without Cryptocurrencies

Indian Central Bank Governor Says Blockchain Technology Can Thrive Without Cryptocurrencies
While the Indian government has recently softened its stance on cryptocurrencies, the country’s central bank, the Reserve Bank of India (RBI), remains averse.“The blockchain technology has been there for ten years and can grow without cryptocurrencies,” RBI Governor Shaktikanta Das said at the SBI Banking and Economics Conclave on Tuesday. “When the central bank says we have serious concerns from the point of view of macroeconomic and financial stability, there are far deeper issues involved.”Das criticized industry players for cursory discussions on the issues involving cryptocurrencies and called for serious analysis.The RBI’s anti-crypto stance is well known by now. The…