Crypto(Blockchain Technology) - India should accpet it

Cryptocurrency- A new world of decentralised technology. But its trading is getting tougher day by day. The reason behind this is the security of tokens and the money used in it.
In India, Finance minister declared cryptocurrency as illegit currency. The year 2018 was a terrible for the virtual currency industry in India. Modi governement still not taking a solid stand on Cryptocurrency. Cryptoexchanges are continously challenging RBI's order in Court. RBI clearly said to all the regulated banks to withdraw the support on trading in Cryptocurrency. Banks have their eyes on all crypto trading. Bank can now close the account of individual if one do crypto buying/selling. RBI and its body is showing strict actions but there is no clear response from Government on this.
There can be some declaration from Modi govt during Budget session on crypto. But till then there is wait and watch situation. There are countries who welcomed this new blockchain technology with both the hands. Countries like Australia, canada, Russia, China said 'YES" to Bitcoin. Their govt is working on the use of this blockchain technology.

On other Hand in India, RBI All Indian Banks are barred by RBI from having any business relationship with Crypto exchanges. Now the question is what India will loose after banning the Bitcoin or other crypto? India will be on backfoot in terms of technology. As Blockchain technology will do wonders in the field of Agriculture, Banking, Health and other major sectors. Gaming industry and Banking sector already started using this blockchain technology.
So MOdi govt need to bring some other security features with crypto exchanges to avoid money laundering and other issues instead of banning the technology.