But let us not expect that this good news will have an instant effect in the market.
I observe that positive news don't have an immediate impact on the market. This is a good news and gradually, more countries would come up with softer acceptance model for cryptocurrency.
It is not an instant way to feel the hike in the market, there are pros and con's in it, and to be technical it's not the news that makes the market go in a green line, it's the supporters and investors who trust the idea of crypto currency and applying through making the money roll by trading, or in investing. As long as news gets in the media it doesn't mean it will be implemented as soon as possible it will go through a discussion to be implemented