Foreign investors such as Block.one, Coinbase and Draper Associates took a liking to Indian crypto companies, leading their growth-stage funding rounds
Indian crypto exchanges such as WazirX and CoinDCX witnessed a significant uptick in user signups and trading volumes
Given the spate of positive developments in India’s crypto sector, crypto exchanges are cautiously optimistic about this year’s Union Budget
![What To Expect For Crypto From India's Budget; Bitcoin Prices & More](https://cdn.inc42.com/wp-content/uploads/2021/01/1360x1020-5-680x510.jpg?is-pending-load=1)
The year gone by was undoubtedly a good one for crypto in India. Despite the lack of regulation for the industry, Indian crypto exchanges such as WazirX and CoinDCX witnessed a significant uptick in user signups and trading volumes, while Bitcoin and other cryptocurrency prices skyrocketed all through 2020.
Foreign investors such as Block.one, Coinbase and Draper Associates took a liking to Indian crypto companies, leading their growth-stage funding rounds, while foreign-based crypto players such as Cashaa and Coinbase have looked to tap into the Indian market, the former…