Bitcoin is not a systemic issue globally as of now: SEBI
Markets regulator SEBI Chairman Ajay Tyagi has said that "Bitcoin is not a systemic issue globally as of now" but the government is looking into it along with RBI and SEBI. The RBI has warned regarding the risks involved in trading in cryptocurrencies. The I-T Department also conducted surveys at Bitcoin exchanges across India on suspicion of alleged tax evasion.