Curbing Illegal Activities is Not a Crypto Clampdown in India  

It seems that governments are falling over themselves to crack down on Bitcoin and cryptocurrencies. Each day politicians from different nations berate the blockchain based digital assets and issue dire warnings over their perceived dangers. Mainstream media picks this up and a FUD party ensues, usually fueling a self-perpetuating selloff.
The Indian government is the latest to adopt this mentality by stating that they do not consider cryptocurrencies as legal. According to local media Finance M