“Crypto still has image problem, but perception shifting”: CoinDCX CEO Sumit Gupta

On April 7, CoinDCX celebrated its 7th anniversary, reflecting on India’s transformation into a leading hub for cryptocurrency adoption. With over 1.6 crore users, it surpasses traditional finance in accessibility, especially among young investors.

Despite regulatory hurdles, trust in cryptocurrency is growing, underscored by initiatives like the Crypto Investors Protection Fund. This fund aims to enhance user confidence after past security breaches, ensuring compliance with stringent regulations.

Currently, the crypto market is following a bullish trend, particularly with the notable performance of Bitcoin and Ethereum. Gupta remains optimistic about sustaining growth, even as global factors influence trading activities.

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