Despite the government ramping up regulatory measures for bitcoin traders and exchanges, Indian entrepreneurs are rushing to set up companies with bitcoin or cryptocurrency-related words in their names.
"[A] large number of Indian entrepreneurs from Ghaziabad to Kanpur, to Darjeeling, to Jaipur, to Delhi, to Ahmedabad, [and] to Mumbai are rushing to set up companies to cash in on bitcoin."
Do you think there is really a Bitcoin hope in India or this is just another bandwagon?
Source:
https://news.bitcoin.com/indian-entrepreneurs-launch-crypto-companies-bitcoin-boom/