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Cryptocurrency has financial stability issues, government to take balanced view: Principal Economic Advisor


Cryptocurrency has financial stability issues, government to take balanced view: Principal Economic Advisor

New Delhi, Feb 01 (ANI): Al Salvador has adopted Bitcoin but there are still financial stability issues relating to cryptocurrency highlighted by the Reserve Bank of India, Principal Economic Advisor to the Government of India Sanjeev Sanyal said on January 31 and noted that the government will take a ‘balanced view’. “Countries like El Salvador have adopted Bitcoin, but there are still some financial stability issues.

RBI highlighted the financial stability impacts of Cryptocurrency and a balanced view on this will be taken,” said Sanjeev Sanyal. Earlier, Principal Economic Advisor Sanjeev Sanyal and Chief Economic Advisor (CEA) Dr V Anantha Nageswaran presented Economic Survey 2022.

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