Governments in general are still unclear about cryptocurrency.
A few of the points they make are:

• They repeatedly say that cryptocurrencies are not legal tender but the trade itself is not illegal.
• They will be considered assets.
• People should trade in cryptocurrencies at their own risk as they are known to be highly volatile.
• There are many Ponzi schemes regarding cryptocurrencies. ( ATC coin, BitConnect Surat office etc.,)