The Indian government has just ruled in favor of bitcoin making it legal for the first time in India. This shouldn't come as surprise,however, as over the last few years exchanges including Unocoin and Coinsecure ,two of the largest bitcoin exchanges in India, have been operating on a trading platform regulated by anti-money systems. Those efforts done by the exchanges lead to the Indian government reconsidering bitcoin and cryptocurriences eventually legalizing it. This will have HUGE effects on bitcoin as India's population is at 1.3 billion people.