Laxmi coin first Indian cryptocurrency launched is it right?

[Bit talk]

Laxmi coin first Indian cryptocurrency expected to gets approval from government of India but this not yet confirmed by government and also there are no official statement released yet but its confirm new Cryptocurrency launching which works similarly like Bitcoin, Ethex means your money converted into coin who’s value will be fluctuated so investor will buy laxmi coin and if coin price increase they will receive profit and coin price dropped they will have loss this depend of investor or buyer, but could not find this coin in coinmarketcap