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Reliance Jio launches JioCoin, a reward token for browser users, amid India's strict crypto regulations.
Reliance Jio Platforms, led by Mukesh Ambani, has launched JioCoin, a reward token on the Polygon blockchain, aimed at its JioSphere browser users.
Currently non-transferable and non-redeemable, JioCoin may eventually allow for services like mobile recharges.
Jio, with 450 million users, faces India's strict crypto regulations, including a 30% tax on gains.
Critics question its transparency and compliance.
10 Articles
Reliance Jio lanza JioCoin, un token de recompensa para los usuarios del navegador, en medio de las estrictas regulaciones criptográficas de India.