In India, two contradictory documents come into force at the same time from July 1 - the Reserve Bank of India's instruction to ban other banks from providing services in the crypto currency and about imposing an 18 percent tax on operations with crypto currency.
since last year they constantly attacked bitcoin by calling ponzi scheme bitcoin, so sooner or later they would take the measure of ban other banks from providing services in the crypto currency, I wonder how people in India will have bitcoin. even here in the forum had a time where many scammers were from india and they stole many bitcoins without offense but this will even harm innocent people and at the same time the scammers must be gnawing their fingers because they have just lost their gold mine
It is more profitable for the state to introduce taxation than to prohibit what can not be forbidden.
well, they know it, so I think it's political lack of will