INSUBCONTINENT EXCLUSIVE:
India has the second highest cryptocurrency users in the world, according to a report by ChainanalysisThe popularity of cryptocurrency seems
to show no signs of slowing down
Now, data suggests that investors in India also have embraced cryptocurrency
According to a new report by Chainanalysis, the boom in cryptocurrency in India has resulted in a tremendous rise in the number of users in
In 2021, India recorded the second-highest number of cryptocurrencies users around the world, the report stated
the number of cryptocurrency users, the report by the industry research firm also shows that the country's crypto market grew by 641 per
While Pakistan comes third in terms of the number of cryptocurrency users after Vietnam and India, it saw the most growth at 711 per cent
users based on comments by industry experts
For instance, Joel John, Principal at LedgerPrime, said that it could be the ease of crypto investments that has encouraged more people to
It takes about three to four days
Nirmala Sitharaman has said that the government will bring clarity on formalisation of cryptocurrency soon
In the budget for 2022-23, the government has announced that virtual digital assets would be taxed.
