Still not excited by it: Kotak on Bitcoin after it hits $93,000

After Bitcoin prices crossed $93,000 for the first time, veteran banker Uday Kotak said he is still "not excited by it". "This is something which should not be allowed to dominate the financial system...It has huge financial stability risks [and] monetary stability risks," he said. "It also may create a situation where RBI loses control of money supply," he added.