Business Neither legal nor illegal: Why it is risky to stay invested in cryptocurrencies Updated : July 25, 2019 02:38 PM IST The govt feels that cryptocurrencies are the source of untraceable payments for activities that do not work in the nation's interest. A blockchain’s database isn’t held in a single location, but is hosted by numerous computers all at the same time. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.