Bitcoin in India: What Happens When the World’s Largest Remittance Market Regulates Bitcoin?

According to Indian news report The Hindu, three chief justices from Supreme Court – the highest court in the country – have issued notices to the Finance, Law and Justice and Information Technology ministries, as well as the central bank (Reserve Bank of India[RBI]) and market regulator (Securities and Exchange Board of India[SEBI]), demanding they respond to a petition seeking clarity on bitcoin’s legality in the country,” a CCN report read.
If the bitcoin would be legalized in India, all the other cryptocurrency will definitely follow the footstep and demand of all the cryptocoin will be higher. Lets hope for the best!