Lots of fud news being spread about Arun Jaitley talking about Bitcoin and Crypto Currencies.
Simply not true, all he said was "Bitcoin & Crypto are not legal tenders in India, and any use of Crypto to finance illegal Activities will be punishable".
These stupid news channels, news sites, people, as ignorant as they are, twist words to spread fud, don't fall into this trap and panic, the stance on Bitcoin and Crypto is same as before.
Neither illegal nor legal.