The Indian government (and Central Bank) do not look very enthused about cryptocurrency, with some apparently proposing a bill to ban crypto and give out harsh punishments, but then denying that they knew about it. And then they're offering blockchain courses, lol. A bit confusing, and more negative than positive it seems. Here are some interesting articles on the subject:

-Indian Government in Dizzying Reversal Sponsors Free Crypto Course
https://www.ccn.com/op-ed/indian-government-hypocritically-sponsors-free-crypto-course/2019/06/14/

-What Bitcoin Ban? Indian Central Bank Denies Involvement in Crypto Ban Bill
https://www.ccn.com/crypto/what-bitcoin-ban-indian-central-bank-denies-crypto-ban-bill/2019/06/10/

-5 Major Indian Laws That Apply to Cryptocurrency
https://news.bitcoin.com/indian-laws-cryptocurrency/

Have a good day,
The Cyberius team.

there is no official news about bitcoin regulation yet...