Still can't understand why everyone is so hyping around crypto and India.

We have already witnessed the affect of crypto legalization in India as the wazirx coin's value had pumped up as its based out of India and most of the users who were operating through proxy or secretly don't have to take any further risk as its legal now and considering the number of users who might adopt Bitcoin now post green signal from the government will be massive and we might see further projects based out of India.

That was a great move by india legalizing crypto in their country it really help the cryptocurrency adoption, following india I think south korea also making the same move. I am seeing most indian base project are also making some noise right now.

With India, it's somehow interesting how it took this step now without a previous pre-announcement, while the Indians with the rest of world are busy with other stuff.
India was always known by it's fight against legalising the use of the crypto popularly.
I wish if op can provide the source of the news he told about, just to avoid unnecessary confusions .

Although Cryptocurrency have been legal in India many community and institution want to banned bitcoin as legal payment and transaction bitcoin there, they have try to make justice law with bitcoin to review for legalizing of bitcoin transaction and try to banned bitcoin in India.

The last time they have banned cryptocurrency in their cpuntry,


Now, they lifted it already.


Isn't great to see that they finally can use bitcoin without thinking that they are violating some laws. They can now participate in this new technology and enjoy the advantage of this bitcoin. India made a good decision to finally accept bitcoin as it can also help in financial status.

Will other country allowed for make bitcoin become legal transaction in their country? I think best way when bitcoin have been legal payment currency transaction because give more opportunity to get much profit when bitcoin going up and take us most easy when make transaction to all countries in the world.

For the benefit of those that would like to get a direct link to the ruling of the supreme court against the ban placed by the Indian reserve bank on crypto, here is the link https://www.coindesk.com/indias-supreme-court-lifts-banking-ban-on-crypto-exchanges . As far as india is concerned crypto has come to stay in that country. Yes the forces against crypto are still fighting back the ruling as the reserve bank is preparing to file a review of the supreme court ruling (https://www.theblockcrypto.com/post/57987/indias-central-bank-plans-to-file-a-review-petition-on-supreme-courts-crypto-ruling-report). One thing is sure, Crypto always win.

Cryptocurrency legalization in India has a great impact in their country. As we go back from the years where in Indian Government are against on it, a lot of projects that were developed and organized by Indians turned into a failed projects and some are totally SCAMS because of it's Government unwanted issues.. It really were painful for them to be so called SCAMMERS even if they weren't the ones who made the problems.. And as they legalized it and one project stands to it's purpose of introducing CRYPTO in their country, MASS adoption will come on their way.. People now will start to accept and to understand how crypto really helps today... Congratulations India.. Welcome to Crypto market...