India’s RBI Eyeing Own Crypto Is Sign of Potential Ban Reversal, Says Ripple Chief
Cointelegraph
Published Jun 15, 2018 10:07AM ET
Updated Jun 15, 2018 11:22AM ET
India’s RBI Eyeing Own Crypto Is Sign of Potential Ban Reversal, Says Ripple Chief
Ripple (XRP) is expecting a positive regulatory framework to be forthcoming from India’s Reserve Bank (RBI), according to a Times of India report published Friday, June 15.
Dilip Rao, Ripple’s global head of infrastructure innovation, is quoted by the Times as saying that despite RBI’s imposition of controversial restrictions on all domestic banks dealing with crypto, the bank’s recent inquiry into issuing its own central bank digital currency (CBDC) suggests that RBI might reverse its ban in the future:
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