It is very positive news for the developing country like India where there is tremendous potential as compared to that of saturated economies. I believe we are going to see something positive steps from the government side which will make the usage of bitcoin and other cryptocurrencies very easy.
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On Bitcoin, India's Government And Tech Companies Find Common Ground.
I am pleased to know that despite attempts of painting bitcoin in the negative shade, the government is not taking any hard and fast decision. Let's hope the best.
I'm kind of surprised that the governments and businesses were able to actually find something in common with their interests, typically you never hear of that happening within any country to be completely honest. I don't follow Indian politics but this sounds like something that might have been quite a feat. Or the two of them may be more dependent on each other than we know, you never really know with some countries.
Good to see there is progress being made. I wish them well and I hope the continue to develop the Bitcoin economy within their borders.