Crypto currency has gained huge popularity in India by end of 2017 and the craze was increasing exponentially. Zebpay only the then crypto exchange in India enjoyed Monopoly for long time that too by offering only Bitcoin buy and sale. Gradually lot of exchanges started coming up like kucoin, unocoin, bitbns, wazirx etc and these exchanges shoot the demand of crypto currency in India like never before. It became very easy and comfortable to buy and sale crypto in India through these exchanges. But all these developments were hit by RBI decision of banning banks from giving banking facility to crypto exchanges. The FUD spreaded all over India and people started fearing investing in crypto. Still final decision has not come and people are in dilemma.
If India bans crypto, than it will be worst decision by government and they may realize it after few years.
As crypto currency are decentralized, no body can actually ban it. It's better for a country to regulate it, rather than trying to ban it. Hope for best and good luck to all crypto investors.