India Tops Crypto Adoption for Second Consecutive Year

India has emerged as the global leader in cryptocurrency adoption for the second consecutive year, according to a new report. The Economic Times highlights that this sustained growth underscores the increasing acceptance and integration of digital currencies within the Indian economy. The report attributes this trend to the rising use of cryptocurrencies for remittances, investments, and decentralized finance (DeFi) applications among Indian users. Despite regulatory uncertainties, India’s proactive engagement with the crypto sector reflects a broader trend of digital financial inclusion and innovation.