Reserve Bank Governor Shaktikanta Das in Mumbai on Thursday said the central bank will not emulate others on crypto currency regulations and asserted that "what is good for another market need not be good for us".

RBI Das’s remark comes after the US regulatory authority -Securities and Exchange Commission- had approved some changes to allow the creation of bitcoin exchange-traded funds in the US. 

"What is good for another market need not be good for us. Therefore our views -- both that of the Reserve Bank and personally that of mine -- remain the same," PTI quotes Das as saying  on crypto currency regulations.