The effect Bitcoin (BTC) and other cryptocurrencies may have on the Indian rupee is reportedly a top concern for Indian lawmakers — specifically, if said digital currencies are to be legalized as a form of payment in the country. The warning comes from a panel specifically created by the Indian Ministry of Finance’s Economic Affairs Secretary, Subhash Chandra Garg, which is uncertain about the financial impact the emerging asset class may have on the economy. AnRead MoreThe post India Fears Bitcoin and Cryptocurrencies Could Destabilize Rupee appeared first on Bitcoinist.com.
