Any message from regulators will increase awareness about Bitcoin in India.
The problem with the message from the regulators, is that they do not want to issue one, until a goody or a bad one happens for Bitcoin.
That was my sense from the discussion of the NPCI official.
From what I saw, a lot of things are in play.
Jack Hidary hardly touched regulation, he was more keen on spread and usage and that was a huge positive, especially when the notion came from someone like him.
There is a bit of a budget to amass to make this happen.. A lot of us working towards it.
I'll blog out a good one for Bitcoin and India tomorrow. Awesome day at Lucknow.