Don t want to join every party in town : Rakesh Jhunjhunwala backs Bitcoin ban
Rakesh Jhunjhunwala said regulators should step in and ban Bitcoin and they should focus on the digital rupee
BusinessToday.In | February 24, 2021 | Updated 09:38 IST
Billionaire Indian investor Rakesh Jhunjhunwala wants the country s regulators to ban cryptocurrencies like Bitcoin.
Terming the popular cryptocurrency a speculation of the highest order, Jhunjhunwala said that he will never buy Bitcoin . I don t want to join every party in town. I think the hangover is much worse, the Big Bull told CNBC.
Jhunjhunwala further said, I think regulators should step in and ban Bitcoin and they should focus on the digital rupee.