What are the Benefits For Indian Government To Regulate Bitcoin Cryptocurrency,Important Points

According to the Central Reserve Bank, as the monetary authority, regulator of the financial system, and watchdog of payment systems, there is currently no legal or regulatory framework applicable to cryptocurrencies or their equivalents. Blockchain technology is most simply defined as a decentralized, distributed ledger that records the provenance of a digital asset. Govt likely to introduce bill to regulate cryptocurrencies & blockchain