Please do your research and dont mislead people.
Crypto mining, trading, buying, selling are all unregulated and NOT illegal in India.
Nishith Desai is advising the digital assets foundation - DABFI - founded by leading stakeholders including exchanges like Unocoin/Zebpay etc who are working with the Govt committee formed to study regulating Bitcoin in India.
Further, the Finance Minister has made no such statement
finance minister in india said that the bitcoins are not legal and they are scam