This is indeed a great news, after Japan, Australia, India and now south korea..
bitcoin userbase is growing
India hasn't really legalised bitcoin. It is not going to ban it but the government is working on a legal framework for it. Bitcoin gains will probably become taxable if bitcoin is legalised here.
Indian legalisation will take another months or year.. Indian goverment being too slow in accepting digital currencies
Hoping for a better result with lesser restrictions. As we do not want to end up paying more tax on decentralized Coin