Regulations on the crypto sector in India have been postponed for now, as the government has decided to see how the other nations are planning on doing the same. The crypto bill seeking operational prohibitions on private cryptocurrencies did not reach the parliament in this winter session.

source https://gadgets.ndtv.com/cryptocurrency/news/cryptocurrency-bill-india-parliament-winter-session-withheld-2662529#rss-gadgets-all