According to a
news report, a Government panel has advised to close bitcoin and cryptocurrency exchange/dealers in India. How it can impact bitcoin ecosystem? After China and India, It can influence other countries to take similar action. Whats your opinion
Governments of each countries now will surely take an action with regards to Bitcoin and will start regulate each and every exchanges or crypto related they see because the price of a single Bitcoin now is no joke and they know that there is a huge money that is involve now and the flow of money in just a day is so big that they really want to put a tax on. Despite of the issues that China started to regulate their exchanges Bitcoin still goes up in price so I think the impact for future regulations of different countries is not an issue at all.