Virtual currency still risky for some

Virtual currency still risky for some

22 October 2014, 12:37
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Surging interest in Bitcoin is not translating into commensurate investment, as most potential investors are bogged down with apprehensions over virtual currencies, owing to the lack of regulation.

The Reserve Bank of India (RBI) last cautioned investors about the risks involved when dealing with virtual currencies. It said the value of such currencies seems speculative as they are not backed by assets.

Read more -> Sources. 

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