This will definitely impact the price of bitcoin in the market. With one of the countries that used to ban BTC with their geographical location being ideal for mining, this kind of opportunity will attract future miners in setting up their system on the country.
I just do hope that other countries would start to accept BTC exchanges to their country. With its dominance in the transactions, I somehow doubt that prohibitions from other countries would last, given that a widespread of people have already utilized it. Let us just w and see that such payment method be implemented and integrated into our countries.