India leads global crypto adoption again despite tough rules

India has topped the global cryptocurrency adoption charts for the second year running, according to Chainalysis’s report, despite facing strict regulations and high trading taxes.

In addition, trading was robust in Indonesia, which has banned the use of cryptocurrencies as a means of payment, but allows investment in the assets. The country recorded $157.1 billion inflows in trading of digital assets in the 12 months to July, the report said.

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