India is full of millennials that would one hold the wealth of nation. This age group is the one that is the most excited about cryptocurrencies and that is why countries with younger demographics can be so very important for the crypto market.

On one hand it understandable that RBI would take steps to suppress scams but on the other hand the hurt produced on the crypto market is unjustified. Sooner or later they would need to understand that if they don't take the initiative like Japan and Korea, they are going to miss this historic ride.

Thanks for sharing the info @firepower