Just controlling the spread of bitcoin is not controlling bitcoin. Bitcoin is not controlled by any other country. In my opinion, the characteristics of bitcoin determine its ability. India wants to control the spread of bitcoin. I think this is a bad idea and it is very difficult. With the district Blockchain and the development of virtual currency, their reputation will let more people know.

I am a bit surprised by your comment here,lets say for example,if a country bans bitcoin or crypto currency altogether then you are telling that people will be free to use the banks and other facility provided by the neighboring country,how come this is possible,if any country bans the use then you have to follow that rule unless you want to be on the wrong side of the law and dealing or movement of money with countries which have political tensions,the entire picture changes as you can even be framed for moving against national interest.
@OP If you check the news there is no measures in place till now and there was nothing concrete during the budget speech too,just some vague things.

India doesn't have the measures to control cryptocurrency. Even in the budget it is termed that bitcoin will not be a tender currency same as the fiat. It never mentioned that cryptocurrencies were gonna banned. The news got spread in the opposite manner.

Let's not forget that India is a third world country! Adopting restrictive laws, it can not remove all the holes in its law! Moreover, it is very difficult to control and limit what can not be controlled!)))) India takes at least some steps in this direction, like all countries! Therefore, the whole industry is trying to move to other more loyal countries!

If actions are taken for the common good and mutual benefit of course it does not matter. But if the action is taken a lot of harm to users of course it will make many people disappointed.

the indian banking cartel might quite quickly collapse under the penetrating pressure of cryptoeconomics.

Cryptoeconomics is not an Army that invades, its how i define it in Information packed potential Social Fabric

dont worry,

cryptos cant practically without damage be banned, just insulted

Previously there was news of complete bans so regulations are better than bans.

China has banned crypto completely according to many news articles. If China was also regulating crypto then it would have been much better.

By itself, the control of the crypto currency is a normal phenomenon, and gradually all states follow it. However, control is also different. There is control on the verge of prohibition, and sometimes it is loyal, as in Japan. The Government of India has so far urged its citizens to be cautious about the crypto currency and remember the existence of large risks, but did not intend to limit or prohibit.

getting banned is different from being regulated, any government that are open to cryptos has a positive impact on crypto, if this news is true, this will create more room for the development of cryptocurrencies to be legally and widely accepted by such government. this means that the gap between crypto and government laws are open to a more productive and safe in terms of trading and commerce are concern.