INDIA (SIT) Suggestion to banned crypto Trading in india. because it use in black money and money moment.
Team send final report in month.
Would've been great if you provided a source on the news but none the less, cryptocurrencies are definitely going to be the easy route for the corrupt in the country to swap black money for, which essentially goes untraceable.
Unless everything could be tracked and the governing agencies have control, I don't see this not going through.