The Reserve Bank of India (RBI) has reportedly established a new internal unit dedicated to researching and regulating new emerging technologies, specifically cryptocurrency, blockchain and artificial intelligence (AI).
Holding back on a formal announcement, the RBI has discreetly formed a new unit to research and possibly supervise disruptive technologies through draft rules in the future, the Economic Times reported on Monday.
https://www.ccn.com/indias-central-bank-quietly-forms-new-cryptocurrency-blockchain-research-unit/Just waiting for the decision regarding the cryptocurrency. AFAIK there was a lot of uncertainty about that and it seems like that country is not seriously to ban the crypto. They are interesting in the blockchain and that's normal consider so many countries are interesting with it too. Even Canada has created blockchain explorer based on ethereum platform.