Binance co-CEO Richard Teng said India’s massive, young and tech-savvy population makes it a natural hub for global crypto adoption, arguing that regulators worldwide—including in India—are gradually shifting from scepticism to engagement.
“India ranks number one in terms of the crypto adoption index at a grassroots level,” Teng noted, citing Chainalysis data, adding that many former sceptics globally have already turned believers.
While India allows digital assets and CBDCs, crypto trading remains in a grey zone, but Teng believes deeper…

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