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.
This is a solid partnership Binance and WazirX is building with the people of India. They know what they are doing and at the long long, they will get back their money with continous flow of profit, because I see it as an investment, not for immediate dividend, but for future purpose.
India has a lot of crypto enthusiasts and so many of them are already developing interest in it.
It is a big achievement for the crypto community if a country that once placed a ban on crypto could remove it. With their population, I foresee a lot of great things.