Reuters is the worst news source out there, entirely manipulative and full of lies. I remember couple of months they shook the Indian crypto market with a report that the govt will ban and arrest offenders after a 6 month period to liquidate. This lead to many selling and there was a big discount in the Indian market as everyone went to the exits. Local media covered this negatively too.
India to propose cryptocurrency ban, penalising miners, traders - source
Here:
https://www.reuters.com/article/uk-india-cryptocurrency-ban-idUSKBN2B60QP
Meanwhile its been like 2 months and the govt has consistently clarified that there is no such full ban in place.
Reuters cites unnamed "sources" which contradict the Indian Finance minister. Seriously, who the fuck are these sources?