While Bitcoin is dropping like a rock, it is nice to get some positive news out of India. The central banks put a complete ban on crypto currency. Now it appears the government is rethinking their approach with regulations rather than an outright prohibition. If they would open the market now, it would give Indian people a chance to get in while the price is severely depressed. Good luck my friends in India!
https://www.ccn.com/india-to-finally-draft-cryptocurrency-regulations-in-december-report/