India has the potential to lead Bitcoin adoption

2022-01-16 区块链达人

The ban was imposed in 2018 when the Reserve Bank of India (RBI) banned crypto exchanges from accessing banking services. In early March this year, the crypto community celebrated the decision of the Supreme Court of India to lift the ban on the operation of crypto exchanges. The measure subsequently had a negative impact on the Indian crypto industry and led to the closure of numerous exchanges. Following the Supreme Court decision, it is expected that the 1.2 billion Indian citizens will be able to access crypto exchanges again.Although RBI has appealed against the decision and a legal decision is still pending, which continues to pose a threat to the crypto industry, the Supreme Court decision has had a positive impact on many crypto market participants who are considering entering the Indian market.

作者 : Reynaldo