The gold-loving Indians have invested in cryptocurrencies 200 times more in 2021 than in 2020 while leaving the precious metal behind.

India has witnessed massive growth in cryptocurrency investments in the last year The country has seen a rise from $200 million to over $40 billion worth of investments in digital currency Bitcoin (BTC) holdings are being viewed as digital gold by the citizens India’s Cryptocurrency Investment Surge Despite strict regulatory measures looming over the digital

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Despite regulatory uncertainty, cryptocurrency investments in India grew from about $200 million to nearly $40 billion over the past year.

Indians continue to remain unfazed by the repeated threats of a blanket ban on crypto-assets. Indians Pour Billions Into Crypto Typically a country with a huge fascination toward gold, India is slowly but steadily starting to drip its feet in the volatile crypto waters as according to a report by Yahoo! Finance, investments in cryptoRead More

Over 15 million investors, with most of them between 18-34 years, are exposed to…

The post Indians Invested $40Bn in Crypto This Past Year, Up from $200M- Report appeared first on Coin Journal.

18 to 35-year-olds showed the most interest in cryptocurrency investments in India.

Unperturbed by persistent threats of a renewed crypto crackdown from lawmakers, Indian investors have piled $38.8 billion into cryptocurrency over the past year.

It looks like the uncertainty and the regulatory talks of a crypto ban have little affected Indian crypto investors. Indians, popular as one of the biggest holders of Gold and now happily giving up their obsession for the yellow metal to buy more Bitcoin and Gold. It is clear that Bitcoin, the digital gold, is

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June has delivered the best of both sides of the cryptocurrency sector. With only…

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A report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalizationRead More

ZebPay and other exchanges are reportedly joining IndiaTech to raise awareness and push for…

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Some of the largest crypto exchanges in India are set to join the country’s internet advocacy body in a bid to exert pressure on the government regarding cryptocurrency regulations. India has yet to release any formalized decree on virtual currency regulations but numerous speculations abound about how the state will treat digital assets. ZebPay toRead More