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Bitcoin, Cryptocurrencies are Like Ponzi Schemes, Says India’s Government

The post Bitcoin, Cryptocurrencies are Like Ponzi Schemes, Says India’s Government appeared first on CCN In a public warning on Friday, India’s finance ministry cautioned citizens against investing in virtual currencies like bitcoin, likening them to ponzi schemes. India’s Ministry of Finance issued a statement today cautioning people ‘against risks investing in virtual currencies including... View Article

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