https://www.reuters.com/article/us-market-bitcoin-india/india-to-bar-cryptocurrencies-from-its-payments-system-finance-ministry-official-idUSKBN1FP1DH

India is planning steps to ensure cryptocurrencies are illegal within its payments system, while at the same time appointing a regulator to oversee unregulated exchanges that trade in "crypto assets," a finance ministry official said on Monday.