The Indian government could make a decision on the legality of Bitcoin as early as the end of the month.

According to a report , a government official close to developments says that a new committee has been created to study cryptocurrency. The source adds that the new group has been given a deadline for its findings of 20th April 2017.

Bitcoin buying, selling, trading or mining is not illegal in India, and the report’s source notes that a rule on illegality would shut down an already flourishing cryptocurrency industry.