I would like to share that Indian are newbies in crypto technology and their benefits any fud reaches India prices start dropping and their knowledge base is not what in other countries likes u.s. ,
Germany ,etc is low but the demand of crypto currency is growing fast and more and more person now wants to invest and have idea about this technology and their uses many crypto currency exchange have been opened and they are earning huge but the much needed stand of Indian government is unclear and uncertain . government says they want to use blockchain but don't want to accept crypto currency as a legal tender
Much can't be said about the government fundamental and it's aims on this technology soon I think this will be clear but as of now the crypto currency is neither legal not illegal so it's in the stand where both things can happen