Looks like is India is going full circle and trying to ban Bitcoin again after the supreme court over ruled the previous ruling by central bank of india in March.
They also seem to be taking the blockchain good bitcoin bad argument. Some governments just don't know when to stop.
The news of banning the entire market is coming up again and again, there is no official announcement regarding this but some newspaper published a news regarding insider information it seems from the authorities that they are planning to implement a ban, i wont be surprised that the Modi lead government will come up with these ban because they have no idea how to run a country and how to main the economic growth and with all the blunders they did that damaged the economic that went to negative GDP and there is nothing to be surprised if they kill another upcoming market.
Im guessing they will be another battle in the supreme court which will carry on for another 2-3 years ridiculous.
Companies who invested money will fight the legal battle but it will take years to get a resolution.