Cryptocurrency seems to be a legal tender in India. Good news?

in #bitcoin6 years ago

We all know when it comes cryptocurrencies, India was always a "NO" in the adopting blockchain system. They almost made it difficult to the Indian users to withdraw into fiat currency.
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A recent interview was took by a media house and the Government offical told "They are in the intrest of the Indian citizens"

I would request you to watch from 1:43, the the anchor asks him about bitcoin and the regulations that are going to be imposed on the Indian crypto market.

A hearing will be on 3rd of July by the Supreme court. Till then fingers crossed and hope the Indian Government looks upto the positive aspects of the blockchain technology.

If the Government gives positive response their might a huge pump up as many new commers might get into this crypto world. Hope you like my personal take on the current situation of the crypto world.

Till then Thank You. I'll catch you in the next one. Bye!