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.
With $ 50 million in money, Binance and Hemorrhoids can make massive marketing and can attract many new investors from India. With the potential population, I think the prospect of India in the cryptocurrency market is getting bigger and there will be many new projects emerging from India