According to PANews, the Reserve Bank of Fiji (RBF) has issued a public warning against the use of cryptocurrencies for payment or investment purposes. The bank has stated that residents of Fiji could potentially face criminal charges for investing in overseas cryptocurrencies using funds held within the country. The RBF has clarified that it has not issued any licenses to individuals or entities for cryptocurrency investment or virtual asset trading. This move by the RBF is a clear indication of the increasing scrutiny and regulation of cryptocurrencies by financial institutions worldwide. It also underscores the need for potential investors to be aware of the legal implications of their investment decisions. The RBF's warning serves as a reminder that while cryptocurrencies may offer potential benefits, they also carry significant risks, including legal risks.