India’s Ministry of Finance Compares Bitcoin and Cryptocurrencies to ‘Ponzi Schemes’

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In a statement issued by the ministry on Dec. 29, 2017, the finance agency reiterated that there is a real and heightened risk of an investment bubble in the cryptocurrency market that is similar to Ponzi schemes.

from Cointelegraph.com News http://ift.tt/2BVFtEK

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