The Supreme Court of India passed a rule to remove the restrictions from crypto trading companies as the Court cited there was no evidence that crypto trading could cause any tangible harm to the nation.
Binance and WazirX as the two have declared to provide funds valued at $50M to support the development of blockchain technology in the country.
Crypto is certainly not detrimental to any country, the only problem is that each country has its own understanding and rules in addressing all matters, such as it is in the state of India, where the government has begun to understand crypto in depth so that the Indian Supreme Court issued rules to remove restrictions from companies crypto trade.