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
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…