Indian Government will definitely take serious action and will draft regulations for crypto because in this way government can send income notice and earn tax.

Secondly Crypto is using in vast manner for hawala (money Laundering)

Third crypto is using for Terror funding.


Why crypto is using for above activity because no one can track them. I too support government and take all the necessary actions.


Most Important: Bitcoin or Altcoins are digital currency and it has no legal entity in any country. It is us who had raised the value else it is zero.