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.
India will soon become a crypto haven, with a support of great companies and a top crypto exchange. Making bitcoin and cryptocurrency legal is the best so far, but since we are on a big tragedy with the result of Covid19 I dont think this kind of good news can lift the market up, lets wait more months or a year before we totally recover. For now, Indian people should enjoy this now and take the opportunity to buy a cheap bitcoin.