[2016-09-26] Mint: Are crypto-currencies worth your while?

[polynesia]

Are crypto-currencies worth your while?

http://www.livemint.com/Money/CE7prSpzYoTrHRHlN2BV6H/Are-cryptocurrencies-worth-your-while.html

The Reserve Bank of India (RBI) has mostly been silent on the regulations related to crypto-currencies such as bitcoins, other than sending out a cautionary message in 2013. But that has not restricted the use of crypto-currencies in India.

This is evident from the number of companies that have been launched in the last 3 years, allowing individuals to buy and sell crypto currencies. According to Tracxn, which provides financial information on start-ups: from four such companies in 2013, there are almost 20 in India now.