Just read about the legalization of Bitcoin in India.
For sure, it is expected to be the price to increase by 20% higher to what current price of Bitcoin is today.
On June 20, CNBC India announced that the Indian government committee has ruled in favor of regulating Bitcoin and is currently establishing a task force to create various regulatory frameworks with the aim of fully legalizing Bitcoin in the short-term.
Mr Mohit Calra ( CEO of Coinsecure) stated :
“Finally, something positive for the industry. Authorities are now taking this technology seriously. We have been trying to get their attention for years now. I am glad it's all happening at the right time. At Coinsecure, we are seeing a massive increase in the number of users and volumes. We are positive with what will happen in these coming three months.”
Reference:
https://cointelegraph.com/news/suddenly-bitcoin-to-be-officially-legal-in-india