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RBI not comfortable with cryptocurrenciy like Bitcoin

RBI not comfortable with cryptocurrenciy like Bitcoin
The RBI has been repeatedly cautioning everyone about the usage of cryptocurrencies, flagging a slew of concerns. The Reserve Bank is uncomfortable with "non-fiat" cryptocurrencies like Bitcoin, its executive director Sudarshan Sen said on Wednesday. "As regards non-fiat cryptocurrencies, I think we are not comfortable," Sen said addressing the India Fintech Day conference in Mumbai. Elaborating on what is a non-fiat cryptocurrency, Sen said, "Bitcoins for example. That's a private ...
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