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In 2019, the world's biggest cryptocurrency alternate through exchange volume, Binance obtained the Indian exchange platform, WazirX. Another crypto begin up, Coin DCX secured funding from Seychelles-primarily based totally BitMEX and San-Francisco primarily based totally-massive Coinbase. The crypto and blockchain begin-ups in India have attracted funding of USD99.7 million through June 15, 2021, which totaled round USD95.four million in 2020. In the closing 5 years, worldwide funding withinside the Indian crypto marketplace has elevated through a whopping 1487%.
Despite India's doubtful policy, worldwide traders are making large bets at the country's virtual coin environment because of a selection of things inclusive of.
