Like most countries, ​India is simply at a loss when it​​ comes to understanding the ways and means of cryptocurrency. After all they are government folks. Government folks don't like changing trends. It is hard to pass appropriate laws they are living in the age gone bye bye. How do they get their cut out of an industry that is designed to have no central authority?​ How does a company control it's people if it can't control their money. That's the real problem. A free people cannot​ be controlled and lied to. Technology is the geat equalizer.