Reports suggest that India's hesitancy about approving cryptocurrency is due to its potential impact on the rupee.
source https://www.google.com/url?rct=j&sa=t&url=https://www.bitstarz.com/blog/indian-government-concerned-about-cryptocurrency-impact-on-rupee&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNHeAo4xDZC7DvqZMTlJLRa8h0RtcA
