Over 10 crore Indians own cryptocurrency, highest in the world

Indians are outpacing the rest of the world in bitcoin adoption, even as investors wait for an official verdict on cryptocurrency exchanges in India.

Over 10 crore Indians own cryptocurrency, highest in the world
Photo by André François McKenzie / Unsplash

The annual crypto proliferation index produced by the web BrokerChoose recorded that India has the highest number of crypto owners in the world, with over 10 crore, followed by the United States and Russia.

India has the fifth-highest rate of cryptocurrency owners as a percentage of the population, at 7.3 percent. Ukraine leads the index with 12.73 percent, followed by Russia with 11.91 percent, Kenya at 8.52 percent, and the United States 8.31 percent.