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 Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry.
On March 22, the venture capitalist tweeted that the Supreme Court’s recent reversal of the Reserve Bank of India’s (RBI) ban on banks providing financial services to crypto companies will drive a “renaissance” for the country’s 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?
India is a great country with a lot to achieve in the future. India has a very large population (slightly less than China). Traditionally, there are very good IT professionals working in India. Pharmacology is well developed. India also pursues a peaceful foreign policy, maintaining partnerships with the United States, Russia and China.
Banning cryptocurrencies is not the best solution. Slows down the development of Stoana. Liberalization of legislation in the field of cryptocurrencies, lifting of bans will allow India to become a world leader in the creation of new technologies.