CONFIRMED Reserve Bank Of India Interested In Crypto After All

CONFIRMED Reserve Bank Of India Interested In Crypto After All
фото показано с : cryptodaily.co.uk

2018-8-31 08:00

After an all out assault on cryptocurrencies in India by the central bank – The Reserve Bank of India (RBI) many speculated around why the RBI had decided to essentially bank cryptocurrency trading in the country.

The issue in India is that the community are very pro cryptocurrency and the authorities are very pro blockchain. The RBI however, are very much against cryptocurrency, but nobody could really work out why.

Away from fraud, money laundering, ICO’s and all the other negative connotations that follow crypto, we were left to speculate on a notion that the RBI would be using this as an opportunity to explore and launch their own central bank digital currency (CBDC) a sovereign FIAT and cryptocurrency hybrid, backed by the RBI themselves.

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