This is old news. The latest is Indian Government is planning to bring BTC under tax regime. That also indicates that India will soon regulate crypto. Once that happens, BTC will go to $100k.
Earlier this month the finance minister (Nirmala Sitaraman) confirmed that there will be a complete prohibition on private (i.e not owned by the government) cryptocurrencies. The exact wording she used was "private cryptocurrencies will not be allowed to operate in India". If they want to tax the cryptocurrency trade, then there are laws already existing for that purpose and most of the traders are already paying the capital gains tax on their profits from trading with cryptocurrency.