Main page News, India, Crypto Market, Market, Cryptocurrency
Hot topic
April 19, 2019

The Reserve Bank of India (RBI) has excluded crypto-related assets from its fintech testing sandbox.

According to the official press release, RBI excluded from its list such products as:

  • Credit registry;
  • Credit information;
  • Crypto currency/Crypto assets services;
  • Trading/investing/settling in crypto assets;
  • Initial Coin Offerings, etc;
  • Chain marketing services.

Earlier, RBI released a report stating that cryptocurrencies do not pose, currently, a threat.

Nonetheless, the market’s evolution and the cryptocurrencies increased adoption may change the bank’s assessment in the future.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.