The Indian government is actively discussing the issue and prospects of launching a state cryptocurrency called Lakshmi Coin. The new coin will be supported by the government.
An expert group within the Finance Ministry of India put forward a proposal to create and implement the state cryptocurrency Lakshmi Coin with government support.
From reliable sources it is known that the new coin will be developed on the blockchain, specially formed by the government order.
As stated in the Ministry, the prospect of launching the state digital currency, which will have the support of the government, is now estimated.
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