You are viewing a single comment's thread from:
RE: South Korea Changes Its Stance As Lawmakers Move To Legalize ICOs
I think we will see official crypto in India soon. Modiji token that will power RSS network. Or Aadhar token powering Modi's Mitron network.
The state of affairs is really bad. Crypto regulation will happen eventually in india but will take a long time coming. jaitley who has no clue about crypto will attend g20 meetings and wait to borrow crypto regulations from overseas. And this is election year. Crypto is the last thing that will be discussed. One more coinsecure type hack, and we can add the posibility of exchange bans.
Modi had said that he will gift 15 lakh each to every indian citizen in their bank account. It is going to be 5 years. I wonder what would be his impossible promise in 2019 elections. Cryptocurrencies can't be a topic at all as even our banks are clueless about it! Last week when I visited my nearby bank, the staff working over there including branch manager seemed ignorant about cryptocurrencies!
Bankers are busy cleaning up their own scams. Nirav modi or deepak kochchar or other NPAs. Bankers are clueless for sure. RBI has massive control over banks, both public and private. I am surprised they dont know cryptos even when rbi has issued a circular telling banks to not support crypto purchases. Shocking. At least bankers should read rbi circulars.
Haha, yes. Most of them have heard about Bitcoins but still they are unaware of its value and way of working.