India has strict laws on tender or cash. Personal foreign currency holdings are severely restricted. So, this doesn't come as a surprise at all. That said, >

India has strict laws on tender or cash. Personal foreign currency holdings are severely restricted. So, this doesn't come as a surprise at all. That said, > The regulator, however, decided that it will promote the use of blockchain – a public ledger that serves as the backbone of bitcoin – in financial services for strengthening transparency and improving inclusion. As reported earlier, Wall Street is already cooling down on the blockchain hype: https://www.reuters.com/article/us-banks-fintech-blockchain/wall-street-rethinks-blockchain-projects-as-euphoria-meets-reality-idUSKBN1H32GO https://www.reuters.com/article/us-banks-fintech-blockchain/... So, what plans does the RBI have for blockchain?