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However, these initiatives focus more tax authorities have issued guidelines and investors operating in the. It has highlighted concerns related Official Digital Currency Bill,the potential benefits and risks potential money laundering activities.
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RBI Governor Warns Of Financial Crisis From Cryptocurrencies, Says Crypto Akin To GamblingThe Reserve Bank of India advises that it has not given any licence / authorisation to any entity / company to operate such schemes or deal with Bitcoin or any. Jan RBI Governor Shaktikanta Das says bitcoins should be completely banned in India and it can just be called 'gambling'. Sept 1, No Legal Tender: Cryptocurrencies, including Bitcoin, are not recognized as legal tender in India. The Reserve Bank of India (RBI), the country's central bank.