India's Central Bank Denies 'Formal Creation' of Blockchain Unit

2018-9-30 13:00

The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

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Фото:

Reserve Bank of India Quietly Forms an “Experimental” Blockchain and AI Unit

The Reserve Bank of India (RBI) has formed a new unit to focus exclusively on emerging technologies such as blockchain, artificial intelligence (AI), and cryptocurrencies. While the central bank is yet to make an official statement confirming the move, it seems the new unit is aimed at boosting its intellectual capacity to regulate better, and benefit from these innovations in...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-8-28 21:00


Фото:

India’s Apex Bank Forms New Unit to Handle Blockchain Regulations

The Reserve Bank of India (RBI) – the country’s apex bank, has set up a department tasked with monitoring developments in cryptocurrency, blockchain technology, and artificial intelligence. This move comes as commercial banks are still prohibited from facilitating cryptocurrency transactions and the Supreme court decision on the matter expected later in September 2018.

2018-8-27 19:29