+17 Even Goldobsessed Indians Are Pouring Crypto References. That’s despite outright hostility toward the asset class from the central bank and a proposed trading ban. “crypto is more transparent than gold or property and returns are more in a short period of time.” she’s part of a growing number of indians — now totalling more than 15 million — buying and selling digital coins.
Indian investments in crypto grew from $923m in april 2020 to nearly $6.6b in may 2021. Indians pour billions into crypto. All the three cryptocurrencies saw a spurt in volumes across indian exchanges in the last few weeks and registered a high on thursday and early friday, say industry trackers.