Reserve Bank of India (RBI) deputy governor NS Vishwanathan was speaking at an event in the city of Kolkata when he was asked if the RBI would encourage cryptocurrency adoption in India. While holding details close to the vest, the central banker confirmed the authority’s effort to introduce a clear regulatory policy in a country where bitcoin deemed neither legal nor illegal. At the time, it was reported that the RBI was working with a group of experts to look into fiat cryptocurrency, which is basically a digital currency that could serve as an alternative to the Indian rupee.
News source:-
https://www.cryptocoinsnews.com/?p=119228
@aliansari321 They can call it crupee :)
Hahaha.....may be😀
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