April 16, 2024

Tag Archives: RBI

India’s Reserve Bank Is Creating The National Cryptocurrency, The Lakshmi

In January 2017, the Reserve Bank of India (RBI) released an internal circular that leaked to the press. This circular revealed that plans are underway for the Indian Rupee to be digitized to a national Cryptocurrency, the Lakshmi Coin. This is because the Blockchain technology has “matured enough” for the RBI to trust the integrity of […]