“As regulatory glare intensifies on bitcoins due to possible money laundering, cyber security and other risks, over five dozen other virtual currencies have come under the scanner and include a desi version by name of ‘laxmicoin’. NRIs living abroad are expected to be dealing with bitcoins in a big way. While four-year old bitcoin shot to prominence with its per unit value soaring past $1,200 level recently, the heavy interest in such cryptocurrencies has led emergence of namesakes like Ripple, Litecoin, Mastercoin, Nxt, Dogecoin etc. There is laxmicoin, which its promoters term as India’s very own digital currency and claim it would be launched soon.”
http://www.deccanchronicle.com/131230/news-businesstech/article/meet-laxmicoin-desi-bitcoin
Tip Freedomwat.ch Staff with Bitcoin