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.
It is a positive news indeed and I am sure the Indian government is well informed to know that Bitcoin has huge advantages compared to the negative rubbish being spewed by some online. Good for them, and I hope it is the beginning of a huge development for them.