Indian Cryptocurrency regulate by September

The government of india is expected to announce crptocurrency and Bitcoin regulation in Septmber, a senoir official from countrys ministry of finance reportedly said.
This announcement is of the independent of the SC hearing of petitions releting to crptocurrency rwgulate in india.
Interstiny, the unnamed source has confirmed that the draft law is ready and discussion are currently held withstakeholders. these stakeholders include the SEBI,Reserve Bank of India and the internet and Mobile Association of india