In India the government is not against crypto it's RBI reserve bank of india that governs the banking system it's because bank pays very less amount of interest on savings and even on FD but when they charges for loan the rate of interest is 3 times that what they pays thus they don't want public to get involved into crypto to generate profits.In crypto our funds are in our own custody and keeps on growing with time but banks takes our money and uses it to fund loans to generate income and if a bank crashes only 100000 is what one could claim so how fair is this think twice before going with a regulated body for money multiplication guys.