Surely it will be a missed opportunity if they are declared illegal. However, I am more keen on reading the report at length once it comes to public domain. I hope the Ministry works its way around all the obstacles. I have listed them in my other post which you may check out at https://steemit.com/india/@adityavijayr/scope-of-bitcoin-and-altcoins-in-india.
RE: The End of Indian Cryptocurrency Dream? Government to Discourage Use of Crypto’s