India has removed their ban of Bitcoin! A big victory for Cryptocurrency!

in #bitcoin5 years ago

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Great news!

India has removed their ban of Bitcoin. This means that there are now potentially 1 billion more buyers.

Why is this a big victory?

This is a big victory for Cryptocurrency. A big defeat for the Indian central bank. India has a population of 1.3 billion people and a long tradition of investing in gold. When WeMoveCoins was running on its highest, India was our support market (65%). Very important!

Article:
https://www.livelaw.in/top-stories/breaking-sc-quashes-reserve-bank-of-indias-ban-on-cryptocurrency-153427?fbclid=IwAR3m_QWjFYZMquHEDJ59QELjkCaC9t0D7h8oBOJvm9jTUSIbxgKWMz82WB8