Its not appropriate to assume that we know all the technological developments occurring in the future but by putting the facts in the right space of a thought process we can say the probability of circumstantial developments. RBI Confirms Crypto Not Banned in India During a supreme court hearing RBI replied As narrated by the counsel for the Internet and Mobile Association of India IAMAI Ashim Sood The Reserve Bank of India has said it had not banned cryptocurrencies such as bitcoin in India but only ringfenced regulated entities like banks from risks associated with trading of such virtual instruments. What Is Cryptocurrency Explain Like I M Five Thinkmaverick My Personal Journey Through Entrepreneurship Cryptocurrency Bitcoin Business Buy Cryptocurrency Despite the pandemic disrupting the worlds economy on a larger scale India seems to have gained higher crypto-user traffic over a period of two months. Future of bitcoin in india 2020 . Intention of bitcoin use as means of payment