Faisal KhanAnswered Dec 10, 2014Reliance Industries (Mukesh Ambani group) is already working hard with financial consultants to get a bank setup. This would certainly compliment their mobile wallet license.
With the newer RBI guidelines, which major players could realistically pursue setting up a bank?
Faisal KhanAnswered Dec 10, 2014Which government is most likely to be the first to formally recognize Bitcoin as a currency?1 ansCan central banks regulate cryptocurrencies to the same extent as fiat currencies?1 ansAre government banking regulations overly burdensome for banks and the public?1 ansHow would you convince a government to accept Bitcoin and recognize it as a legal commodity?1 ans