What lies ahead for India Crypto Exchange market? : Ken Research

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This white paper delves into the promising potential of India’s crypto exchange market, by presenting a comprehensive analysis based on extensive primary and secondary research. By examining growth drivers, government actions, and future prospects, this whitepaper aims to provide valuable insights into the evolving landscape of cryptocurrency trading in India.
Our research is rooted in a rigorous methodology that combines in-depth interviews with key industry players, a thorough examination of market trends, and an analysis of government regulations. We present a holistic view of the Indian crypto exchange market, exploring its current state, growth trajectory, and the factors influencing its development.
By delving into the dynamics of this market, we aim to equip stakeholders, investors, and policymakers with the knowledge required to navigate the opportunities and challenges that lie ahead. Read on to learn more on the potential of India’s crypto exchange market, as we uncover its untapped possibilities.

1. The last decade saw an increase in awareness of virtual currencies, and a fast-growing tech-savvy population seeking alternative modes of investments created a buzzing crypto universeIndia’s Crypto Exchange market

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2. Young Investors Are Driving The Crypto Exchange Industry Growth In India Coupled With Cross-Border Remittances & Decentralized Finance (Defi) Which Are Major Traction For Investors

India’s Crypto Exchange market2.1 Moreover, factors such as strict foreign regulations made Rupee conversation complicated, therefore Indians are opting for digital currencies for conversion of INR to a more stable fiat currency

India’s Crypto Exchange market2.2 The introduction of Central Bank Digital Currency (CBDC) and the increasing popularity of NFTs among others has contributed to enhanced visibility of digital currencies in the market.

India’s Crypto Exchange market3. Though India is booming as a hub for Cryptos, there are several issues associated with it such as operational risks, cyber risks and governance risks.

India’s Crypto Exchange market4. To curb the issues, the Government of India played a major role to form a committee to draft regulatory frameworks on Cryptos, working with the Financial Action Task Force to update Crypto policies, and…

India’s Crypto Exchange market4.1. … Pushed for the upliftment of the blanket ban on virtual currencies and set up Cybercrime unit for detection of the crypto-related frauds held online

India’s Crypto Exchange market5. Indian Crypto market shows good potential due to a surge in Crypto investments, Non-Fungible Tokens and entry of International Cryptocurrency Exchanges in India indicates a strong step forward

India’s Crypto Exchange marketSome of the Intelligence Curated by Ken Research in Crypto Exchange Market Space:

  • MENA Remittance Market Outlook to 2027 segmented by mode of transfer (digital, traditional), type of channel (Banks, online platforms, money transfer operators), type of end use (migrant labour workforce, personal, small business & others) Geography (Latin America, Africa, Asia Pacific, Europe, Middle East)
  • Australia Cards and Payment Market Outlook to 2027F By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS and ATMs), By Payment Instruments (Credit Transfers, Direct Debit, Cheques, Cash and Payment Cards)
  • Brazil Cards and Payment Market Outlook to 2027F By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS and ATMs), By Payment Instruments (Credit Transfers, Direct Debit, Cheques, Cash and Payment Cards)
  • Global Remittance Market Outlook to 2027 segmented by mode of transfer (digital, traditional), type of channel (Banks, online platforms, money transfer operators), type of end use (migrant labour workforce, personal, small business & others) Geography (Latin America, Africa, Asia Pacific, Europe, Middle East)
  • India Payment Service Market Outlook to 2027F driven by government initiatives & rising need for faster payment modes

To Know more about this Whitepaper, Visit this link:-

Indian crypto exchange market

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