The crypto industry in India has the potential to add $184 billion of economic value, in the form of investments and cost savings, by 2030, according to a report from the country’s premier trade body for the tech industry. The report, entitled “Crypto Industry in India,” was published by the National Association of Software and Services Companies (NASSCOM) in conjunction with Binance-owned crypto exchange WazirX.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The “CryptoTech” industry – companies involved in trading, payments, remittances, retail and more – is expected to reach a size of $241 million in India by 2030, and $2.3 billion globally by 2026. The industry currently employs 50,000 people in India, a number which NASSCOM expects to grow to over 800,000 by the end of the decade.
Important takeaways for all competitive exams:
Find More News on Economy Here
Every year, May 28 marks Menstrual Hygiene Day, a global campaign aimed at raising awareness…
India is one of the largest producers of pulses in the world. Pulses are very…
Every country has a national flower that shows its beauty, culture and natural pride. A…
The world of military aviation is on the verge of another technological revolution. As the…
The global defense landscape in 2025 is shaped by rapid technological advancements, rising geopolitical tensions,…
Every year on May 28, World Hunger Day reminds the global community of the urgent…
![](data:image/svg+xml;charset=utf-8,<svg height="150px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="218px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
