SEBI, RBI Have Knowledge, Power & Capabilities To Regulate Crypto: Navin Surya, Chairman, Fintech Convergence Council
India, Sept. 19 -- Speaking at one of the fireside sessions of India's largest Crypto Summit organised by Inc42 Plus, Navin Surya, Chairman, Fintech Convergence Council, sheds light on how the government has changed its approach towards cryptocurrencies.
"Three years ago, the government was of the opinion of banning cryptocurrencies. Now, while they are quite unclear, they are accepting cryptocurrency as a commodity," Surya said during the session - 'Demystifying All Things Crypto' moderated by Sharat Chandra, Blockchain & emerging tech evangelist.
Talking about the need for regulations to instil trust in a user, Surya outlines that regulatory bodies such as SEBI and RBI have the knowledge, power and capabilities to mitigate risks as th...
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