Indian Government is Planning to Bring Home-based Virtual Currency: source.
After baning the cryptocurrency trading on crypto exchanges in India on 5th July, the Indian government is working on a home-based cryptosystem and it is expected that by September it will be exposed.
Now the government trying to know how to use this technology positively. The Government is taking advice from RBI, SEBI, and other stakeholders.
News Source - Zee Media.