Reserve Bank of India Issues Warning Against Bitcoin Trading

Reserve Bank of India Issues Warning Against Bitcoin Trading

The press release issued on Wednesday by Chief General Manager Jose J. Kattoor cautioned the holders of digital currencies against the potential security and customer protection related risks. The increased traction gained by Bitcoin in India as a result of the recent events including demonetization has caused the Reserve Bank of India (RBI) to issue a warning against the use of digital currencies, particularly Bitcoin. The press release issued on Wednesday by Chief General Manager Jose J. Kattoor cautioned the holders of digital currencies against the potential security and customer....


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