Hello Dear stemian,
Since April 2018 India is facing so many hurdles to regulate Crypto Currency law in the country. There are lot of reason behind it and Government is still fail to legalize the crypto currency here.
There are lot of cases related to crypto currency theft and ransom has made the government to think about this regularity.
Before two years the government of India declared Demonetization here and the prices of Bitcoin sudden zoom and lot of people have invested the lot of money in the bitcoin.
The users of crypto currency have started to increase and Media reported it serious.
Because as we know the media in India is still not neutral, they are failed to stand in lot of thind specially in giovernment support . It is said that the media is salable easily in India.
Supreme Court has just asked the government to clear the scenario in two weeks about crypto currency regulation.
The big exhchanges like Zebpay and Unocoin are trying their best to make it legal along with so many other smal exchanges .
Why India cant be stand with world because everyone knows that crypto currency is facing hurdles but one day the world will have to accept this as a Money and investment,
Bitcoin is beaten hard but still it is maintaining its level around $6000 marks which indicates that people are still believe the price will go up soon.
India ohh india why are you talking not this serious!!!!
for more detail visit: https://cryptoguruji.com/