Latest News
 
  RBI working a policy on Cryptocurrencies




  Reserve Bank of India appears to be preparing a policy on cryptocurrency, a virtual money used as medium of exchange in many countries including India but is not legalised here.

Cryptocurrencies like bitcoin use cryptography to secure transactions.

RBI Deputy Governor NS Vishwanathan said that the policy was in the making at an event in Kolkata.

"I can't comment on a policy which is still in the making," he said responding to a query on whether RBI would encourage use of cryptocurrency.

RBI is in fact exploring a possibility of issuing its own fiat cryptocurrency while it is not comfortable with non-fiat or private cryptocurrency like bitcoin.



Share on Google+
 
  Posted On: Oct 14, 2017

  Ripple is aiming overtake swift banking network
  Amway to launch car air purifier
  Unocoin 'kiosk' launched
  Amway takes Flipkart to court for selling products
  Amint an International crypto exchange launched
  Zebpay stopped trading and continue as wallet
  Coinrecoil another crypto exchange launched
  Direct Selling Industry is key for employment growth
  Kamya Lifestyle launches new products
  53% are women in Direct Selling Industry
Prev   Next

 
 
 
 
 
 
 
 
Copyright © 2017 MLM CLUE. All rights reserved.