India: RBI Omits Cryptocurrency-Based Projects from Fintech Regulatory Sandbox

Crypto Startup Indian Central Bank Fintech Sandbox Spade Sand Blue Green

The Reserve Bank of India (RBI) on April 18, 2019, published the terms of its fintech-focused regulatory sandbox. While the report highlights the importance of blockchain technology for various applications, it explicitly rejects all sorts of cryptocurrency-based businesses from being included in the sandbox. Blockchain is Cool; Crypto, Not So Much Per the sandbox draft,

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Source: BTC Manager