While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing.”.
source https://www.google.com/url?rct=j&sa=t&url=https://news.bitcoin.com/rbi-cryptocurrency-indian-regulatory-sandbox/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNHnx_xTTRCw2GL9SIbECHlIU7XvlA
