After denoting Bitcoin as alegal form of payment in April this year, the govt. has eliminated consumption tax on the sale of Bitcoin. The tax currently amount to 8% and is positive news for Bitcoin. I dont feel that this will necessarily bring new users to the table, but it may attract some merchant who are yet to start accepting Bitcoin.
Korea has been very bullish on Bitcoin and maybe moreso on Ethereum in recent months. The country saw high premiums of $4,000 as Bitcoin broke record after record. In recent events, members of the ruling party announced that the Govt. would be coming out with regulations for cryptocurrencies in the coming months.
As I shared earlier, India is making strides and regulations over Bitcoin are expected soon
