India boasts 10 crore cryptocurrency owners, ahead of Russia and US, says report

Cryptocurrencies are gaining in popularity every day, despite concerns with their stability, and bans in Russia and China connected to cryptocurrency activity. Over time, people in several countries have begun investing in cryptocurrencies like Bitcoin, Ether and Dogecoin, and the same is true for India. In fact, a recent report has revealed that the number of investors in India is higher than both the United States and Russia, an impressive feat for the country.

While cryptocurrencies are currently in the grey area where policy and regulation are concerned, Livemint reports that India has 10.07 crore cryptocurrency owners, ahead of both the United States, which has 2.74 crore owners, and Russia with 1.74 crore, according to broker discovery platform BrokerChoose.