Indian Government is going to regulate the cryptocurrency market

There is a good initiative taken by the Indian Government that they are taking some steps to regulate the crypto market, Mr. Ramesh Chandra Garg sir recently gave a interview in a business channel that they already made a draft on that regulations and they will send it to the ministry for discussion on the first quarter of July 2018, hope it will finalize between july end.
This is a very positive news for the Indian traders for this recent panic situation.hope it will put a positive impact to the Indian cryptocurrency market.