The positive news is that India may not be shutting down the currencies. All India Mobile And Internet Association has already filed a petition against the Reserve Bank of India and thats why Supreme Court has filed a case and for which the results would be declared on July 2nd. Most of the people think that there will be amendment in the use of crypto currency rather than banning it completely and thus it has already become good news for the India market. Get ready for the boom that will be coming from this country. I guess thats the closet reason in the current situation for the current pump.
Anyone has insights about this?
reading opinions on the above article I feel that this is good news for crypto and the government of India is open to the advancement of the times, the people of India are very fortunate with this and it will certainly have a good impact on the state of the world crypto market though not directly felt the state of the market against purchasing power there is an increase although not directly I am sure there progress gradually increased, goo luck and successful for all of us