Wow,its very uncertain whether they ban or regulate,if they follow the proposal of income tax department whose intention is to ban bitcoin ,it will be bad news for us .But from the discussion it is not clear that which department will be ban and which department be regulated.until then ,the exictment will be live with me too.
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@maya7 Indian government is positive for crypto and blockchain technology but RBI is afraid that it can be replace banking system.Also if cryptocurrency become legal tender in india then there will be no chance of corruption hence all corrupt people and departments are afraid.