Despite the steps taken by the Indian government to severely restrict digital assets, investments in cryptocurrencies in the country reportedly surged from $200 million to around $40 billion in 2020 alone. The number of Indians who opt to buy and sell digital coins has been increasing in recent years, and reportedly now exceeds 15 million. This figure is rapidly catching up with the 23 million traders of cryptocurrencies in the US, and is much higher than the modest 2.3 million crypto-investors in Britain. Among Indian households – which, between them, own over 25,000 tons of gold – the growth of investment in digital currencies is rep
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