https://techcrunch.com/2018/02/03/psa-no-india-hasnt-banned-bitcoin-but-its-still-talking-tough-on-crypto/

Its more of a grey area than you think, not banned. Cryptocurrency is not controlled yet, a commission was setup back in April 2017, announced by Arun Jaitley in August 2017, that would look into what should be done with cryptocurrency in India. It will probably be taxed. No news has come up since then, just ministers saying investing is not recommended, and this has damaged the adoption of bitcoin and probably also affected its price in a major way.

I don't see how it could be banned by any country, seeing as it has a decentralized nature, but it will probably be taxed, which is not good news anyways.

I would appreciate if you could explain how it is bad if a country is trying to regulate crypto to stop illegitimate activities and stop funding of terrorist organisations and also to remove taxes from people that have hidden their money by converting them to cryptos and storing in wallet or exchanges. It would be bad if government banned the use and trade of crypto currencies or declared them as illegal. There is clear difference between being regulated and being controlled. There wont be peace if nothing was regulated in any country. Regulations are necessary for a revolution to take place.

Regulating crypto is inevitable governments recognize how much money they can make in crypto currency by taxing it but  I do not think that they can control it unless they go to extreme measures such as banning all IP address of exchanges and make some ridiculous law that will imprison their citizen for a long time for using crypto.

The only good news about having some law will legitimize crypto currency and also protect it users against scams.

Regulating the crypto currencies is good for that country's economy and revenue but not good for the investors because we need to pay taxes from our earnings.But a big country like India making bitcoin legal in their country will influence the many countries to do the same.

Not good. That's why we have cryptocurrency, because we don't want anyone getting involved with our very own cryptocurrency. Dom't just blindly follow the government and just accept the fate of control of our cryptocurrencies. I refure for the Indian government to take control of their crypto currency.

I think its good in politically and also for the banking system. And its bad in terms of trading bitcoin for Indians.

According to previous media reports, new regulations were expected by the end of March. They are likely to involve anti-money laundering procedures and measures to prevent tax evasion.

for the government is good, for the people badly unambiguously (( it's not a fact that it will work out in the government

Every country want to Control Cryptocurrency especially Bitcoin England has the same plan. But come to think of it. Bitcoin Bockchain is Decentralized Technology so nobody can control it. One thing am so happy for is that Bitcoin owner are not known. I wish they know them... They would have arrested them. But nor of their plans will not work out. It can not be control

Basically we not talking about government, and i will agree with you.
Although India has one of the largest crypto communities, they still can not use their advantage to determine the market, as the current market potential spreads and crypto users are increasingly increasing. So sure they certainly can not control the market.