India leads crypto adoption: India takes the lead in global cryptocurrency adoption according to Chainalysis, thanks to favorable demographic and economic conditions. With over 1.3 billion PEOPLE, including 190 million without bank access, there’s ample space for cryptocurrencies to address financial service gaps.

Young population drives growth: A predominantly young population fuels India’s rapid cryptocurrency adoption. This demographic is increasingly involved in decentralized finance (DeFi) and blockchain technology, positioning India as a hub for Web3 innovation and a promising future in the digital currency sector.

Regulatory challenges persist: India faces regulatory challenges, including HIGH taxes on crypto profits and trades. Despite a 30% tax on profits and 1% tax on trades, the potential synergy between stablecoins and the Digital Rupee could modernize the financial landscape, benefitting remittances and commerce.