India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received.
India, the largest country by population, continues to lead the world in terms of cryptocurrency adoption despite the local ban on offshore crypto exchanges, according to Chainalysis.
After topping Chainalysis’ crypto adoption report last year, India remains the world’s largest crypto market in terms of adoption in 2024, the blockchain analysis firm reported in its fifth annual Chainalysis Global Crypto Adoption Index issued on Sept. 11.
Among the 151 countries analyzed, India received the highest ranking in Chainalysis’ global crypto adoption index, beating countries like Nigeria, Indonesia, the United States, and Vietnam.
