Hello Community,
I see many people from India getting involved into Cryptocurrencies recently.
However because of lack of knowledge and rumors, many people still prefer to stay away from Cryptocurrencies in India.
Government has not given green signal yet, that could be another reason.
what could be more reasons you people think?
Well if we could tap just a small percentage of that huge population, I think bitcoin will take off. However, it seems that the India government is still not decided whether to accept or ban or just put regulations. Too early to say.
But there's news that 2 trading exchanges ceases its activity because of pressure from the government. Good thing though is that its just a minor one and the big trading exchanges in India is still normal in its operation.
Yes, its not given the green signal but we are all hoping that they will listen to its people and accept bitcoin or crypto in the future.