The Indian central bank prohibits cryptocurrency, but it launches a fintech sandbox for a number of startups. Projects associated with the blockchain and smart contracts are allowed to run.
The Central Bank of India expects to support projects related to:
retail and mobile payments.
Our ATBCoin team recalls that projects related to cryptocurrency, exchange, purchase/sale, investment, ICO are still banned. Many startups filed petitions to the Supreme Court. This issue is still under consideration. The final decision will be made later.