What RBI says is totally irrelevant because Reliance has always been a very strong lobby for any indian government - so if they launch their coin, they will make it legal.
We have to wait for the exact details about the coin and even if it becomes legal, that does not mean bitcoin or other cryptos will be taken in with the same status.
me too think the same. i really hope jiocoin comes out soon just to flush out the ban theories
It is fairly possible that when Jio coins if government approves it they would ban all other cypto currencies and only accepts which gets the govt approval. So in such cases govt will have the control of such coins and they will keep a track or something like it which will ensure that it is not misused it.