INDIAS SUPREME COURT ASKED GOVERNMENT ON BITCOIN REGULATION

India's supreme court want's government to regulate bitcoin and the justices issued notice to central bank,market regulator,the tax department and several other departments.
According to the petition currently bitcoin exchanges in India are adding 2500 users everyday so Indian government wants to regulate bitcoin.
As other countries like china are banning or some other regulating bitcoin India wants to wait and watch first to take decision.