Government of India is actively issuing warnings
The Government of India has repeatedly warned of Baracon and other cryptokyurans.
Despite numerous government warnings, Indians flock in cryptographic exchanges
Finance Minister Arun Jaitley
This week, Finance Minister Arun Jaitley said in the Lok Sabha that crypto-currencies are not a valid currency in India. Last week, while issuing a caveat in the Ministry of Finance, he said that he "as a ponzi ploys". Many members of the Parliament expressed concern about their exchanges on the cryptow exchanges. Meanwhile, the Reserve Bank of India (RBI) has released several warnings on its own. Last year the bank issued two warnings about cryptomonnaies, one in February and one in December.
On Thursday, a member of the Parliament, Ajay Mishra asked the Lok Sabha that Hindustan "Government should make a network Bitcoin currency capable of monitoring". Despite repeated warnings from the government, the Indians exchange cryptoJaitley said, as reported by the NDTV that the government has proposed to take the specific actions of the herd "All issues understand cryptomonnaies."