{"id":2734,"date":"2017-12-05T00:02:42","date_gmt":"2017-12-04T18:32:42","guid":{"rendered":"http:\/\/yourcareerheights.com\/?post_type=news&#038;p=2734"},"modified":"2017-12-13T00:07:05","modified_gmt":"2017-12-12T18:37:05","slug":"reserve-bank-cautions-regarding-risk-of-virtual-currencies-including-bitcoins","status":"publish","type":"news","link":"https:\/\/yourcareerheights.com\/?news=reserve-bank-cautions-regarding-risk-of-virtual-currencies-including-bitcoins","title":{"rendered":"Reserve Bank cautions regarding risk of virtual currencies including Bitcoins"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/RBI3.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-2376\" src=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/RBI3-300x200.jpg?resize=300%2C200\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/RBI3.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/RBI3.jpg?resize=272%2C182&amp;ssl=1 272w, https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/05\/RBI3.jpg?w=621&amp;ssl=1 621w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Attention of members of public is drawn to the Press Release issued by the Reserve Bank of India (RBI) on\u00a0<a class=\"links\" href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=30247\" target=\"_blank\" rel=\"noopener\">December 24, 2013<\/a>, cautioning users, holders and traders of Virtual Currencies (VCs) including Bitcoins regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with such VCs.<\/p>\n<p>Vide\u00a0<a class=\"links\" href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=39435\" target=\"_blank\" rel=\"noopener\">press release dated February 1, 2017<\/a>, RBI has also clarified that it has not given any licence\/authorisation to any entity\/company to operate such schemes or deal with Bitcoin or any VC.<\/p>\n<p>In the wake of significant spurt in the valuation of many VCs and rapid growth in Initial Coin Offerings (ICOs), RBI reiterates the concerns conveyed in the earlier press releases.<\/p>\n<p>Source: rbi.org.in<\/p>\n <!-- AdSense Now! Lite: WP is not in the loop.  -->\n","protected":false},"excerpt":{"rendered":"<p>Vide press release dated February 1, 2017, RBI has also clarified that it has not given any licence\/authorisation to any entity\/company to operate such schemes or deal with Bitcoin or any VC.<\/p>\n","protected":false},"author":1,"featured_media":2319,"comment_status":"open","ping_status":"closed","template":"","tags":[272,40],"news-category":[27,384,385],"class_list":["post-2734","news","type-news","status-publish","has-post-thumbnail","hentry","tag-bitcoin","tag-rbi","news-category-banking","news-category-bitcoin","news-category-virtual-currency"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/2734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2734"}],"version-history":[{"count":0,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/2734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/2319"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2734"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2734"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fnews-category&post=2734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}