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Fears of market manipulation, inaccurate pricing, and systemic risk to clearing houses are abound
Jump seen ahead of Sunday launch of Bitcoin futures on Chicago-based CBOE
The cryptocurrency was last up 2.94 % at $14,030.00 at the Luxembourg-based Bitstamp exchange
Bitcoin's price at the beginning of 2017 was less than $1,000 and it went up 13 times as optimism climbed for the distributed ledger technology known as blockchain, which is at the heart of bitcoin
While Bitcoins got most attention, 2017 has been a remarkable year for other cryptocurrencies as well
The move opens the door to added regulation but also more mainstream adoption, as bitcoin futures and other derivatives would make it easier to trade the new asset class
One bitcoin is now valued at $11,875 as in the past one month, riding on a bull rally in the virtual currency
The virtual currency's price has run up very fast and experts feel a correction may be around the corner
The RBI also clarified that it has not given any licence or authorisation to any entity or company to operate schemes or deal with Bitcoin or any other VC
With debate over its bubble status still raging, the flagship cryptocurrency continued its march higher on Monday, solidifying above $11,000
By 1310 GMT on Monday, bitcoin had slipped back to around $10,919, down 2 percent on the day
British finance ministry said it expected negotiations over changes to the EU rules would conclude later this year or in early 2018
'Venezuela will create a cryptocurrency, backed by oil, gas, gold and diamond reserves,' Maduro said