India ranks second in crypto adoption ahead of US, UK and China

India was ranked second in terms of crypto adoption, ahead of countries such as the US, UK, and China, the 2021 Chainalysis Global Crypto Adoption Index study revealed. Vietnam was the top market in terms of adoption while Pakistan was ranked third, as per the study. The worldwide crypto adoption grew by 880% between June 2020 and July 2021, according to Chainalysis, which is a blockchain data platform. In India, top crypto exchanges and platforms have been offering services, albeit with limited banking access. Last year, China ranked fourth on our global adoption index while the US ranked sixth.

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