India's #crypto arc in a global perspective: India lags the world by an average of 2-3 years in terms of #crypto #regulatory framework development. We are now on the 3rd Inter-Ministerial Committee on crypto. Some pts from my session at #HODLConference2021 @IAMAIForum 
India's adoption of #cryptocurrency is ramping up exponentially, signalling a clear demand for these tokens in the country. India recently ranked a whopping second on Chainalysis's Global #Crypto Adoption Index @chainalysis @SEBI_India @nsitharaman @RBI @NPCI_NPCI
However, the market cap of #India #crypto projects are approx. $12 billion USD which is a small fraction of the global market cap which stands at approx. $2 trillion USD @0xPolygon @WazirXIndia @PersistenceOne @QuickswapDEX @FrontierDotXYZ @UniLend_Finance @TheMahaDAO
This scenario continues in the #fundraising segment. Indian blockchain startups in #DeFi so far have done big raises which overall still constitute only 2% of the total value globally in 2021
@defidollar @officialmudrex @Vauld_ @gosatsapp @ArcanaNetwork @Instadapp @biconomy
@defidollar @officialmudrex @Vauld_ @gosatsapp @ArcanaNetwork @Instadapp @biconomy
India's regulatory development on crypto has lagged the world by an average of 2-3 years, primarily because of delayed internal deliberations. However, a good framework right now can up the advantage significantly for India. @DILIPtheCHERIAN @SandeepParekh
Much to be said on this @suvajourno @abhiruproy30 @sidcoins @ActusDei @shrimichoudhary @apex_pawan @srirags @salonishukltaET @Abhinavkaul @debarghyawrites @rishabhmansur2 @Nupursays @chandrarsrikant @undertecher @surabhi_prasad @AshwinM @SachinDave_ @YattiSoni
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