Indian government official Rajeev Chandrasekhar talked about cryptocurrency Thursday at an event in Bengaluru. Chandrasekhar currently serves as both India’s Minister of State for Electronics and Information Technology and Minister of State for Skill Development and Entrepreneurship. He is also a member of Rajya Sabha, the upper house of parliament.

He explained that India has no issue with cryptocurrencies if all laws are followed, Reuters reported, quoting him as saying:

There is nothing today that outlaws crypto as long as you follow the legal process.

The Indian government has not yet established a regulatory framework for cryptocurrency. In December last year, the government told parliament that crypto legislation “can be effective only with significant international collaboration.” Indian Finance Minister Nirmala Sitharaman recently said the government plans to discuss crypto regulations with the G20 countries.