There were lot of excitement about the government's stance on cryptos but its not a good news for the investors. I fear what if people start diverting their money from cryptos to stock market ?
There was a lot of speculation surrounding the situation when the budget was announced that India is planning to ban the market ,either the media outlets cannot understand simple things or they just want to create a story just to manipulate the market,the arbitrary advantage in Indian exchanges are gone after the news,people are investing in crypto market in the pretext to make more money and if anyone is looking for the safest root you really cannot complain about that.