The crypto market in India is experiencing a surge in popularity, particularly among young workers, as people seek to supplement their income amid stagnant wages and a challenging job market. The adoption of cryptocurrencies like Bitcoin, Ethereum, and Dogecoin is not limited to major cities but also extends to smaller cities. Institutional interest in crypto is also on the rise, with India's crypto market projected to reach $15 billion by 2035. Surprisingly, trading activity is dominated by lower-tier cities. Despite the growing popularity of crypto, India's regulatory framework remains in a legal gray area, with no specific laws governing digital assets and limited investor protections. However, trading volumes on India's major crypto exchanges have doubled in recent months.



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