I am very much positive that Central Government will definitely allow the transactions to take place but definitely will like to impose certain rules and regulations to stop money laundering; terror funding etc. Prime Minister Mr Modi is very much in favour of digitalization of money in India; so future of crypto in India seems very bright.
The digitalization what the current ruling prime minister is looking forward is to monitor each and every transaction and have a complete control over each and every citizen and not for the crypto currency market, i am not sure whether they have done anything to uplift the economy rather they have shunned the growth with their lousy decisions, even the circulation by RBI to stop the transaction between exchanges is one of them as they have not done any initial study on how to regulate the market yet they wanted to stop these transaction which is absurd, hoping that the judicial system will bring justice to the investors.