i am okay with some regulations like to control scam icos or fraud exchanges or money laundering .
with KYC this issue can be solved .. so it is okay if they regulate such things ..
but banning it not a solution , after ban govt will not only damage its tax earnings but also a black market may open for this , and people will trade it without coming on radar ...
so better to make it legal with some rules .
. Well, Globally all countries are regulating BTC. The Govt must think how Initial Coin Offers (ICO) can bring Funds from abroad for National Development.