Bitcoin, Bitcoin, cryptocurrency , virtual currency, litecoin
The Rise of Bitcoin
Bitcoin crackdown: Income Tax Department to send notices to 4-5 lakh HNIs for suspected tax evasion

Bitcoin's blistering bull run, and all the worries that come with it becoming the biggest asset bubble ever, has finally galvanised the Income Tax Department into taking action.

A gravity-defying Bitcoin rally to over Rs 10 lakh a unit, interspersed with 'stories' of people making crores from thousands, has left the regulators flummoxed.

Even as the world debates the status of bitcoin, unabated buying continues, exposing investors to risks.