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:
The Punjab government reportedly launched SANGAT Mental Health Clubs in 40 colleges on 22 October…
Indian para-badminton players Nitesh Kumar and Naveen Sivakumar reportedly won men’s singles gold medals at…
Greece’s Parliament reportedly approved legislation on 23 October 2026 to prohibit children under 15 from…
A Kochi-based architecture student won the 28th Charles Correa Gold Medal in Mumbai on October…
Ameena Nazreen A S received a US$500 cash award at the Global Youth Institute on…
Indian table tennis players Yashaswini Ghorpade and Harmeet Desai secured a medal in mixed doubles…