I don't see how the this will protect their people, has the people of india been exposed to alot when they have been using Fiat or bank transfer method, I can't excluded india from government that don't want the adoption of Bitcoin, I have said this before it's should be made by choice and I think this would leave a peaceful coexistence between Fiat and crypto-currency, where people would have their choice to make either by Fiat form of payment or they can go for the crypto-currency form of payment, if not this everyother excuses they give isn't working for me.