India has once again claimed the top spot in global cryptocurrency adoption, according to a report by blockchain analytics firm Chainalysis. This marks the second consecutive year that India has led the world in embracing digital assets.
Despite strict regulations and high trading taxes, Indian investors have continued to engage with both centralized exchanges and decentralized finance (DeFi) platforms. This trend reflects the resilience of the country's crypto enthusiasts, even as regulatory challenges persist.
With major platforms like Binance resuming operations after addressing regulatory issues, India's crypto market is poised for further expansion.
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