RBI raises another alarm over Crypto Currencies

The Reserve Bank of India (RBI) has issued a public warning on the use of crypto currencies for the second time this year. India’s central banking institution warned adopters (“users, holders and traders”) of virtual currencies (VCs) such as Bitcoin, regarding “potential economic, legal, financial, operational, customer protection and security related risks.” The first caution had come earlier in February this year.
Source: iGaming

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