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India’s Ministry of Finance Compares Bitcoin and Cryptocurrencies to ‘Ponzi Schemes’ – Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

December 30, 2017
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Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
India’s Ministry of Finance has claimed that Bitcoin and the other digital currencies are “like Ponzi schemes” and investors should take extra caution when investing in them, in a statement issued this Friday. The ministry added that the
Indian Finance Ministry: Cryptocurrencies Are ‘Like Ponzi Schemes’CoinDesk
Finance Ministry follows RBI, warns about cryptocurrenciesThe Hindu
Trade in bitcoins at your own risk, finance ministry warns usersEconomic Times
RTTimes of IndiaMoneycontrol.comPIB
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