INDIA-ECONOMY-CURRENCY-BITCOIN

Indian Belfrics CEO of Praveen Kumar poses for a photograph at a press conference during the launch of the firms's Indian Bitcoin exchange operations in Bangalore on January 16, 2017. Bitcoin was launched amid a global economic recession in 2009 to provide an alternative to existing currencies and now has a total market capitalisation of more than $18 billion. In particular, the chaotic withdrawal of high value bills in India and restrictions on buying foreign currency in China as the yuan slides against the dollar have stoked demand, analysts say. / AFP / MANJUNATH KIRAN (Photo credit should read MANJUNATH KIRAN/AFP via Getty Images)

INDIA-ECONOMY-CURRENCY-BITCOIN
Indian Belfrics CEO of Praveen Kumar poses for a photograph at a press conference during the launch of the firms's Indian Bitcoin exchange operations in Bangalore on January 16, 2017. Bitcoin was launched amid a global economic recession in 2009 to provide an alternative to existing currencies and now has a total market capitalisation of more than $18 billion. In particular, the chaotic withdrawal of high value bills in India and restrictions on buying foreign currency in China as the yuan slides against the dollar have stoked demand, analysts say. / AFP / MANJUNATH KIRAN (Photo credit should read MANJUNATH KIRAN/AFP via Getty Images)
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Credit: MANJUNATH KIRAN / Stringer

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631801718
Collection:
AFP
Date created:
January 16, 2017
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Source:
AFP
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AFP
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AFP_K10TK
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