Use of Bitcoins

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..... Use of Bitcoins
News and Press Release
Dated:- 3-2-2017

Promotion of Digital economy is in integral part of Government's strategy to clean the system and weed out corruption and black mo .....

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..... ney. The earlier initiatives of the Government to promote financial inclusion and the Jan Dhan-Aadhaar-Mobile (JAM) trinity were important pre-curser. However, RBI has cautioned the users, holders and .....

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..... traders of Virtual Currencies (VCs), including Bitcoins about the potential financial, operational, legal customer protection and security related risks that they are exposing themselves to. The crea .....

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..... tion, trading or usage of VCs including Bitcoins, as a medium for payment have not been authorised by the Reserve Bank of India. This was stated by Shri Arjun Ram Meghwal, Minister of State in the Mi .....

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..... nistry of Finance in written reply to a question in Lok Sabha today.
News - Press release - PIB .....

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