I think its good news because government accommodating cryptocurrency in banking system. If this is involving cryptocurrency, i am believe its good for cryptocurrency market and investor will more confident holding cryptocurrency in their wallet
Yes, however, if the government involves cryptocurrency in any system it will be good news, because then at least we don't have to worry about holding crypto for a long time. So far many people are worried about crypto in the future, so at least the government involvement in cryptocurrency is a good step and indeed it seems should be implemented soon so that the crypto market can recover quickly.
government intervention will bring positive impact to cryptocurrency price.they should isseu policy that make investors confidence and comfortable.although at this time its not started yet, but in future they will do.