Bitcoin rally: RBI(india) again warns users of risks....
-->Even as Bitcoin touches new highs fuelling investor interest, the Reserve Bank on Tuesday warned the public of the risks of virtual currencies (VCs).
-->Citing its earlier warnings on the subject, the central bank said, "in the wake of a significant spurt in the valuation of many VCs and rapid growth in Initial Coin Offerings (ICOs), RBI reiterates the concerns".
-->It can be noted that the price of a single Bitcoin, which is not regulated by any monetary authority, had skyrocketed to up to USD 11,000 last week in a rally which puzzled watchers.
lets see what happen..
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