We've been cautioning, look what happened: RBI Governor on crypto crash

RBI Governor Shaktikanta Das told CNBC-TV18, "We've been cautioning on crypto and look at what has happened to the crypto market now." Talking about the recent crash in crypto market, he added, "Had we been regulating it...people would be raising questions, 'what happened to regulations?'." He further said crypto will "seriously undermine" India's monetary, financial and macroeconomic stability.