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Pvt cryptocurrencies will never be legal tender: Finance Secretary

Feb 03, 2022, at 05:18 am

New Delhi/IBNS: Private cryptocurrencies like Bitcoin and Ethereum, as well as non-fungible tokens (NFT) will never become legal tenders as their values are fixed by private entities, Finance Secretary TV Somanathan said Tuesday.

RBI board discusses Central Bank Digital Currency, private cryptocurrencies in meeting

Dec 18, 2021, at 07:34 am

Mumbai/IBNS: The central board of the Reserve Bank of India (RBI) Friday discussed the issues related to Central Bank Digital Currency (CBDC) and private cryptocurrencies, the RBI said in a press release.