Given the influence Reliance has over the Indian government and even general population, this move might just lead to an improved acceptance of Cryptocurrencies in India. I won't be too hopeful for the "JioCoin" itself though!

http://www.livemint.com/Companies/AzdrYmQhYnq0TPiDUbZcSO/Reliance-Jio-planning-its-own-cryptocurrency-called-JioCoin.html