RBI, the central bank of India,
has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. Copies of the communication have been distributed on social media and published by local crypto outlets.
Read ArtcileIndian companies inquire all the time in my blockchain domains,they are great programmers and would be a valuable asset to blockchain technology,
the government of India seems to be going backwards when it comes to this nascent technology.
Nothing wrong on part of RBI directly banning Cryptocurrency before Research. They don''t have resources to understand this Technology called blockchain as well as crypto.