India: Government plans its own crypto currency

in #cryptocurrency • 7 years ago

The Central Government is considering a proposal to introduce its own crypto currency like bitcoin, reported a leading business daily.

The crypto currency will fall in the domain of the Reserve Bank of India (RBI) and some Acts such as the Currency Act might have to be amended. 

More info, here: http://www.indiainfoline.com/article/news-top-story/crypto-currency-government-plans-its-own-crypto-currency-117091600309_1.html

#india #bitcoin #money #blockchain
7 years ago in #cryptocurrency by
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     7 years ago 

    Quite informative, thanks!

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     7 years ago 

    good info

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     7 years ago 

    Thanks for the info!!!

    Follow me and I'll follow you back!

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     7 years ago 

    I m sceptical about this move....
    All bitcoin / blockchain / Crypto coins movement is all about decentralisation, about fair economy. About Govs not be able to manipulate currencies, etc etc.
    And this Indias "cashless sociery" and "cryptocoin" project, looks like a step back....

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