If India Legalise Crypto What Will Be The Effect On It's Economy?

[Magdsolieman]

I think it will mark a great influence in india's ecomony. Because it is very advance economic sector. This will obvious increase the economic value. And it will effect in international market. 

[Dena Topik]

I think that this will hinder India from participating in the new use cases offered by cryptocurrencies. This may negatively affect its economy, as some investors will lose a lot that they are proposing to create their own currency. I do not support this idea a lot for them to organize their affairs and study the matter better.

[ivan19911991]

Good for the people but bad for the Banks, Less Bank transactions means less money for them (Investments, Loans, Bank transaction Fees). But before Indian Goverment legalize on this, They need to hunt Indian Scammers online first.