India’s central bank, Reserve Bank of India (RBI), has previously announced its plan to ban the use of virtual currencies as a form of payment across the country. The central bank, however, has shown its support to Blockchain, which is the technology behind the cryptocurrencies.
At a conference held in Mumbai, India on Nov. 6, 2017, RBI executive director, S Ganesh Kumar, has hinted that the digital currencies such as Bitcoin and Ethereum will not be allowed to be legally used across the country…
Read Full: Reserve Bank of India Hints on Possible Ban on Cryptocurrencies
