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Topic: India’s Central Bank Quietly Forms New Cryptocurrency, Blockchain Research Unit (Read 175 times)

newbie
Activity: 272
Merit: 0
as far I knew that India Central Bank decided to ban crypto currency so now I am really glad that they are again thinking about it is really a very good news for the market and we hope that this move will bring something more progressive for us very soon
newbie
Activity: 65
Merit: 0
it was a very heart breaking news when we heard that India Central Bank is not liking to deal with bitcoin,  so if they are thinking about it again then it is definitely a very good news for the investors and market hopefully this chance will bring a new progress for the crypto market till then we should have patience
member
Activity: 248
Merit: 10
The Reserve Bank of India (RBI) has reportedly established a new internal unit dedicated to researching and regulating new emerging technologies, specifically cryptocurrency, blockchain and artificial intelligence (AI).

Holding back on a formal announcement, the RBI has discreetly formed a new unit to research and possibly supervise disruptive technologies through draft rules in the future, the Economic Times reported on Monday.

https://www.ccn.com/indias-central-bank-quietly-forms-new-cryptocurrency-blockchain-research-unit/

If this news information about the Reserve Bank of India(RBI) is something to go by then it's a great development for the people of India and the entire cryptocurrency space. The research process will help shape the economy of Idia in the future.
member
Activity: 328
Merit: 10
www.daxico.com
The only way to beat them is to join them. The India Central Bank early this year seem to toughen stance on cryptocurrency and maybe as they are losing the fight the best way is to delve deeper and benefit from it like other crypto supported countries are doing.
newbie
Activity: 239
Merit: 0
This is high time they did it to exist in the future economy as the cryptocurrency is the future of world economy. I think more countries should come ahead to make them compatible to deal with crypto
newbie
Activity: 112
Merit: 0
It’s a great news that India try to accept the digital currency. I think not only India every county should have make some policy to accept this crypto currency. I think in future people will more depend on digital currency
full member
Activity: 868
Merit: 100
Indian is among top 5 countries in the world where Crypto is gaining grounds. I also heard that the Indian government is planning to issue birth certificates on blockchain. So overall this is a positive move and if things stabilize in India and government there promote and support Crypto, this will surely have a positive impact in Crypto world.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
Im quite confident that sooner or later all the big private and government companies and institutions will upgrade to blockchain technology and next couple of years will prove to be massive for this technology in terms ofadoption.
newbie
Activity: 56
Merit: 0
I think India have to do itbecause some of the country accept bitcoin instead of their product. So Indian government take some stem that this digital currency can use with normal currency. I think every country take this initiative.
legendary
Activity: 1946
Merit: 1137
Basically few days ago there is news that India is banning the crypto market based on this still their court is taking sometimes towards this I think they will be flexible on crypto market so people will be benefited.

first of all, their bank forming a cryptocurrency unit to look into the technology and possibly adopt it to create their own centralized altcoin has nothing to do with their stance or flexibility about crypto market. they may even actually ban it while creating their own coin.

secondly that news like any other news saying country blank banned bitcoin was pure bullshit trying to spread FUD. India never banned anything.
eup
jr. member
Activity: 105
Merit: 5
I think this is not just a country in India. Many national banks are doing this because the cryptocurrency is about to change all humanity.
jr. member
Activity: 280
Merit: 1
I don't believe everything about crypto from India, do you not know that the Indian government bans crypto? Do you not know that there are many scam ICOs from India, so how could I be excited and enthusiastic about the news about the bank while the government they just forbid crypto, just stop this nonsense, I will not be affected by this news.
sr. member
Activity: 561
Merit: 255
Going stealthy
I said again and again no country will able to ban or ban crypto and blockchain.
copper member
Activity: 126
Merit: 0
The Reserve Bank of India (RBI) has reportedly established a new internal unit dedicated to researching and regulating new emerging technologies, specifically cryptocurrency, blockchain and artificial intelligence (AI).

Holding back on a formal announcement, the RBI has discreetly formed a new unit to research and possibly supervise disruptive technologies through draft rules in the future, the Economic Times reported on Monday.

https://www.ccn.com/indias-central-bank-quietly-forms-new-cryptocurrency-blockchain-research-unit/

I have expected from long time ago !
I am sure that is the great choice now. but, i am really sure that bank is going to accept cryptocurrency.
This is the reason why we are so interested in altcoins.
I hope to meet you guys in Ruby Exchange. Smiley
newbie
Activity: 42
Merit: 0
If this happens then it will be a great news for the crypto world and the users. The Reserve Bank of India has established an internal that is dedicated to research and regulations of the new emerging technologies. This is absolutely a very positive sign for the crypto world.
newbie
Activity: 54
Merit: 0
A wonderful news it is! The Reserve Bank of India has recently established a new outbound technologies, like- crypto currency, block chain and artificial intelligence. This is an internal unit which is dedicated for this. By this, we can see the higher adaptation rate of crypto currency.
newbie
Activity: 224
Merit: 0
It turns out that India is doing a lot of research on developing the blockchain, they may eventually lift the ban on cryptos and provide banking services to exchanges.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
The Reserve Bank of India (RBI) has reportedly established a new internal unit dedicated to researching and regulating new emerging technologies, specifically cryptocurrency, blockchain and artificial intelligence (AI).

Holding back on a formal announcement, the RBI has discreetly formed a new unit to research and possibly supervise disruptive technologies through draft rules in the future, the Economic Times reported on Monday.

https://www.ccn.com/indias-central-bank-quietly-forms-new-cryptocurrency-blockchain-research-unit/
Just waiting for the decision regarding the cryptocurrency. AFAIK there was a lot of uncertainty about that and it seems like that country is not seriously to ban the crypto. They are interesting in the blockchain and that's normal consider so many countries are interesting with it too. Even Canada has created blockchain explorer based on ethereum platform.
newbie
Activity: 172
Merit: 0
This is going to be very great news. A new internal unit that is dedicated in researching and regulating the new emerging technologies, like- block chain, crypto currency and artificial intelligence (AI) has been established by the Reserve Bank of India (RBI). This announcement gives a positive sign of the crypto world that the adaptation rate is getting high.
hero member
Activity: 896
Merit: 500
While the electronics market in Vietnam is going down, countries around the world are still developing. In India new electronic money is born. This proves that electronic money is becoming more and more innovative to meet the needs of users. New coins always have the advantage of Vietnam.
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