In India there is all kinds of idiotic ideas being thrown around.

1) Regulate it (make a govt based "bank" type cryptocurrency of their own- Lakshmi)
2) Make it 100% illegal to hold except Lakshmi
3) Have exchanges authourised by them

Any many more ideas in the sand

Ive been studying the legalities in different countries and they go from no coment on all crypto coins, to complete ban on them.

Crypto assets threaten the centralisation of work Vs promissary paper notes of Govt who use the arbitrage between them to run ecomomies, being peer to peer this arbitrage dissappears

So some way has to be evolved before Govts stop feeling threatened, till that time, some Govts will still try to stop the ever expanding crack in the dam by just one finger poked in it

Im working on an idea to legally sell mined coins since that the Indian Govt will probablly go haywire over since there is no proof of purchase.

The biggest problem miners in India have is where to liquidate the crypto assets they mine ( selling on the exchanges is an issue since there is no purchase so it is open to interpretation as to where they were acquired, no proof of purchase may be considered as purchase from grey market by authourities)

Im working on a solution to LEGALLY solve this issue and genuine miners, how many people here are interested