Caution is the word as all that is floating around is not currency, cautioned Finance Minister Nirmala Sitharaman referring to cryptocurrency. She was speaking here on Saturday at an event organised by the BJP Economic Cell to release its souvenir ‘Vishwaguru Bharat’.
She urged the public and start-up entrepreneurs to deal in cryptocurrency with caution as all that was floating around was not currency.
“The government has already warned. I think all of us will have to share our thoughts and move with a bit of caution on this,’‘ she warned.
An episode that was reported in the media in the last few weeks, into which the investigation was happening, revealed several pitfalls, she added, apparently referring to the money laundering cases the ED has been probing recently.
However, she clarified that technology offered immense possibilities and people in the crypto ecosystem should not think that the government was inward looking and against technology.
With regard to blockchain, Ms....
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