82% of Indians Surveyed Plan to Invest in Crypto

[Yusra3]

Proficient administrations firm Deloitte and the Times of India as of late directed a study on digital currency contributing. The outcomes were distributed Sunday.

Out of 1,800 respondents, 55.2% said they have put resources into digital currencies and will keep on doing as such. A further 26.8% said they have not put resources into crypto yet will contribute once the public authority gives greater clearness with respect to digital currency guideline in India. In the mean time, 10.3% said they have put resources into crypto however will try not to put resources into this resource class later on. The leftover 7.8% said that they are against putting resources into crypto. The report additionally takes note of that around 20 million individuals in India have put resources into cryptographic money.

 

[Jasz]

I discovered over the last few years, the Indian government has been a big proponent of cryptocurrencies. The Reserve Bank of India (RBI), the country's central bank, created their own cryptocurrency called the "RBI Coin" and even discussed its potential to replace paper money. Now, a new survey reports that 82% of Indians surveyed plan to invest in cryptocurrencies. The survey was conducted by LocalBitcoins and it shows that 82% of respondents plan to invest in cryptocurrencies over the next five years. Also, those with less than $100,000 to invest say they intend to invest up to 25% of their liquid.