Governments are extremely scared of cryptocurrencies because there is absolutely NO controlling it. It is a force of nature at this point. I thin that this is a theme that we will see more and more of, but it ultimately will not affect much.
India as of late has been passing a few strict anti-money-laundering laws. In my opinion, they should recognize and embrace crypto, not shun it. For example, the approach that Japan is taking.
RE: What is crypto currency? Ban on Bitcoin in India