Ripple (XRP) is expecting a positive regulatory framework to be forthcoming from India’s Reserve Bank (RBI), according to a Times of India report published Friday, June 15.
Dilip Rao, Ripple’s global head of infrastructure innovation, is quoted by the Times as saying that despite RBI’s imposition of controversial restrictions on all domestic banks dealing with crypto, the bank’s recent inquiry into issuing its own central bank digital currency (CBDC) suggests that RBI might reverse its ban in the future.
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https://cointelegraph.com/news/india-s-rbi-eyeing-own-crypto-is-sign-of-potential-ban-reversal-says-ripple-chief