SEC's Crypto Crackdown: What it means for investors and the future

economictimes.indiatimes.com:

However, the dawn of digital era has paved the way for a fresh wave of investments options, with cryptocurrencies being the most prominent digital asset. Despite initial hesitations and uncertainties surrounding unregulated assets, cryptocurrencies such as Bitcoin and Ethereum have garnered notable momentum and exhibited increasing competitiveness in daily returns, particularly in the Indian market. Furthermore, the Government of India in a recent G20 summit has published a comprehensive report that sheds light on the willingness of numerous countries to adopt and legitimize cryptocurrencies, ultimately augmenting their accessibility. Within this context, India has firmly established itself as the seventh-largest nation, poised to embrace cryptocurrencies in the coming years and beyond. Undoubtedly, as the adoption of cryptocurrencies continues to surge, India has solidified its position as a global frontrunner in embracing and integrating the digital currencies into its financial landscape.

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With the ever-increasing traction in India, a diverse array of businesses, young individuals, and first-time investors have developed a fervent interest in venturing into this digital landscape. According to data released by KuCoin, a global cryptocurrency exchange, despite the government's initial skepticism towards cryptocurrencies, India is estimated to have an astounding 115 million investors, all propelled