Quote from: ~Money~ on November 02, 2020, 06:49:15 AM

This is quite positive news for crypto exchanges in India. But Still, the problem is with govt. attitude towards these exchanges and crypto investors. Till now, only negative things were said against BTC and crypto users by RBI and other govt officials. This created a sense of fear among retail investors which always pull them back to buy or sell bitcoin.

If an exchange is able to raise money then they can move to countries like Singapore if there is any sort of ban or restrictions by the government, Unocoin was dead for the entire time there was a RBI ban and they did not even plan to move their business to other countries which was disappointing and if they are faced with similar situation hopefully they will move the business outside the country.

Quote from: ~Money~ on November 02, 2020, 06:49:15 AM

This kind of funding will encourage new users to try their hands on BTC. Also, I hope UNOCOIN will also take advantage of this situation and advertise as much as possible to attract new users. I see a bright future of BTC in INDIA. Thanks to Supreme court Judgement.

I doubt anyone who is already investing in bitcoin and cryptocurrencies will care about these investment and anyone who is already a cryptocurrency investor would not care less about these institutional investment in an exchange.