I don't usually relay the news here on my Steemit blog, but I feel like I just had to weigh in on this issue.
I read the following article on CT:
https://cointelegraph.com/news/cryptocurrency-illegal-in-india-says-trade-organization-head
It talked about how the head of some non-profit org was talking about how businesses should be careful because crypto is illegal in India...
I feel like we just keep repeating this same cycle of people talking so much about the legalities of crypto rather than allowing the technology to transform and then adapting laws to the ever-changing landscape.
The problem with law making is that it is so stupidly slow. There's hardly any progress happening because these stupid policy makers and red tape don't understand that we need to allow these technologies to flourish as they are and then find ways to regulate from there.
It's the same thing that happened to the internet!