Quote from: AltEvangelist on October 10, 2018, 03:44:13 PM

This is the official response to anything crypto: https://www.ccn.com/indias-securities-regulator-tight-lipped-on-crypto-regulation-inquiry-reveals/

TLDR: Unsatisfactory and incomplete response from regulator to queries on its research and work so far on crypto, study tours to crypto friendly nations etc.

RTI (Right to Information) Application filed by Blockchain Lawyer (https://twitter.com/Blockchainlaw91): https://drive.google.com/file/d/1SLFxZjhf-vwhwXZo__IU6pWt0rPmtUwv/view

Revert by SEBI: https://drive.google.com/file/d/1cQh2sCmguHndVG_Vid5Oslgl01MQz9NT/view

SEBI is India's securities market regulator. And they largely reflect the sentiment of the Reserve Bank and the Govt. Looks like the uncertainty wrt official stance on crypto will continue for quite some time. Will try to keep this thread updated with the latest on the Indian situation if and when I find the time.

uncertainty is the name of the game in India
in regards to crypto at least, they are sitting on the fence now, since if RBI has its way and the crypto is outlawed completely
it will move the whole market into shade and it won't stop people from trading
even if they ban domestic exchanges, just look at China, for example
here is ET timeline about RBI vs Bitcoin : https://economictimes.indiatimes.com/topic/rbi-bitcoin
you can see how the thing has progressed so far, there were u-turns,deadlines, final decisions etc.
but they have postponed the hearing yet again...