News > Bitcoin, Ethereum or NFT will never become legal tender: Finance Secretary

Bitcoin, Ethereum or NFT will never become legal tender: Finance Secretary

Business Standard | 02/02/2022 09:35 PM | Click to read full article

Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary T V Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.

"Rest all are not legal tender, will not, will never become legal tender. Bitcoin, Ethereum, or any NFT will never become a legal tender," he added.

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