Governor of the Reserve Bank of India: Suggests the Indian government not to regulate digital assets to legalize them

ChainCatcher news, Reserve Bank of India Governor Shaktikanta Das recently made strong criticisms of cryptocurrencies in a public speech. The Reserve Bank of India advised the government not to regulate digital assets and thereby legalize them, and should help protect investors from the recent collapse of the industry. He stated: "Digital assets will eventually collapse because they have no intrinsic value… this is purely a speculative product and does not serve any public interest." (Financial Times)