I don't believe these things no more, and if they do ban then enjoy getting left behind.
China kept banning it but then reversed their called just because of this fact of getting left behind and not moving along with the future.
But Indonesia did the same earlier this year and they still have it banned there so I do not know if this one will stick or not.
I dont think India would stick to it because it is a developing country and just a month or two before the ban they said that they would explore the blockchain technology more and try to indulge with it. So I dont think they would stick to their ban for longer . Also , I think this might be a conspiracy or something because earlier India was planning to launch their own cryptocurrency and also Jio coin was going to be launched this year. So lets see what happens in near future.
Yes Sir ,I am totally agreed but we have seen a big fall in two days in indian exchanges the rate of BTC fell approximately 40%. Technology of block chain will be must for all banking institutions .RBI is also planning to launch its own crypto currency "LAKSHMI".I hope very soon they will come up with much relaxed policy.