RBI governor Shaktikanta Das has sounded alarmed about cryptocurrencies.
He has cautioned investors on the potential pitfalls of the digital currency.
It is a concern from a macroeconomic and financial stability point of view, Das said.
There is a craze for cryptocurrency in India after SC favoured it.
The centre has not yet enacted a law on cryptocurrencies.
The government has held consultations with experts.
It might largely want to set severe limits on the trading of cryptocurrencies in India.
