India's social welfare minister Priyank Kharge has revealed that karnataka govt. Is working on setting up an innovation authority with the aim to protect consumer friendly technology business that is operating in grey area. So for india it is a positive sign for crypto.
It is good to see that many Indian states are trying to work on the adoption of Blockchain technology. Increased adoption of Blockchain may make RBI and the Government rethink of their decision and bring regulation of crypto market in India.