India's Own CryptoCurrency

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*India's Own CryptoCurrency: And Now the Meetings in Regulator's Circles!!*

Around two months ago, I had written that India would soon come up with its own CryptoCurrency whenever the Govt would feel it worthwhile to enter!!

In fact I must put it this way, that by the time when few of the riches would have invested their money in Bitcoins or other Cryptos (Including many of those who have invested CASH in such Bitcoins through Private Network), the Govt shall outclass their smartness and catch them on wrong foot by launching its own CryptoCurrency Currency (Most probably by the Name Lakshmi).

Couple of high level Meetings amongst very senior officials from SEBI, RBI, Central Board of Excise and Customs, Income Tax Department and the Financial Intelligence Unit have already happened and the next one is expected soon in the last quarter of this FY 17-18 to discuss about a smooth launch of the same alongwith coming out with rules and regulations for those who have already invested and for the ones who would want to invest!!

*To read more, click on the following link:* 

Regards

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