The finance minister Nirmala Sitharaman said they'll provide a window of experimentation for cryptocurrency in India.

She's literally the top official of the Modi government of India.

The FUD, which was spread by Reuters was based on "Anonymous" top official of the government. The Reuters article has spread like wildfire.

The article has no basis other than some anecdotal reports.

I'm an Indian and I will continue HoDLing.

Reuters has just lost their reputation

Edit: Thank you for the awards. This community is the best.

submitted by /u/ultron290196
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Source and link to Reddit topic: Indian Crypto Hodler here. Some updates on the current situation in India.