Bitcoin, Ethereum, Other Cryptos Will Never Be Legal Tender, Only RBI-Issued Digital Rupee Will: Finance Secretary

Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan said, adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.

Feb 3, 2022 - 07:49
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Bitcoin, Ethereum, Other Cryptos Will Never Be Legal Tender, Only RBI-Issued Digital Rupee Will: Finance Secretary
Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan said, adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.