According to the latest news, India has been working on ‘’virtual rupee’’ introduction. The Reserve Bank of India revealed the fact blockchain technology is old enough and ready for its implementation!
All of this will be implemented in order to create and later on promote ‘’cashless India’’. At the moment, India works with a team of people who are analyzing the crypto currency and try to discover the most efficient way of its implementation. We also know that they are not exactly impressed with this alternative.
India has been measuring a constant increase in the bitcoin industry, so it is perfectly normal to expect its legalization across the country.