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As we all know by now, india is not too pleased with the prospects of bitcoin and cryptocurrency. It is managed by binance even bitcoin mining could be legal in india in the future. Although the current regime is boasting a new initiative that has allowed the government to take electricity to the rural areas in case the government allows cryptocurrency mining in india, such operations would increase the electricity. They need to be registered and accepted in india, rather than paying foreign exchanges to store indian users' currency. India's payments authority, the national payments corporation of india, has reportedly said that it will not ban cryptocurrency transactions.
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It's unclear how long they will earlier this year, india considered fulling banning cryptocurrency.
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