India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude towards the sector from the government, according to new data. The latest gauge on the number of users in India comes from cryptocurrency exchange KuCoin, which released the findings of its ‘Into The Cryptoverse India Report’ survey on Aug. 23. The estimated 115 million crypto users represent around 15% of the Indian population aged between 18 and 60. A key highlight was the 33% of survey takers concerned by ambiguous government regulations that could deter potential investors. ...
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