One good news from this article of :
https://cointelegraph.com/news/tim-draper-wants-to-invest-in-the-coming-crypto-renaissance-in-indiaBillionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigations 2014 Silk Road auctions, Tim Draper, has set his sights on Indias nascent cryptocurrency industry.
On March 22, the venture capitalist tweeted that the Supreme Courts recent reversal of the Reserve Bank of Indias (RBI) ban on banks providing financial services to crypto companies will drive a renaissance for the countrys cryptocurrency sector.
India as the 2nd biggest in terms of population, being positive with crypto might do something positive in with their economy in the future.
What do you see years from now that India will achieve due to this declaration of lifting the ban of cryptocurrency?
As far as I know, the Indian government and central bank are still not positive about cryptocurrencies. The ban was lifted because cryptocurrency companies won it in court. This is certainly very good information for all crypto enthusiasts. For investors, this is still not the best place to invest, because the central bank will definitely make their lives difficult. It will definitely have a positive impact on the development of cryptocurrencies in India, but until the government changes its attitude, this development will continue to be slow.