India is leading the world in cryptocurrency adoption for the third consecutive year.

2025-10-26 01:28:15

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A new report from blockchain analytics company TRM Labs shows that India ranks number 1 in crypto adoption, surpassing America and Pakistan. India has held the top position for three consecutive years. The report states that South Asia is the fastest growing zone in crypto usage, with an 80% increase from January to July 2025 compared to the same period last year. India's high ranking is attributed to its young, crypto-savvy population, along with a developing ecosystem of developers and institutional investors.

Meanwhile, the South Asia zone recorded around 300 billion USD in transaction volume, mainly through retail payments and remittances using crypto. America, although ranked second in terms of acceptance, is currently the largest crypto market, with a transaction increase of over 50% to more than 1 trillion USD, supported by a crypto-friendly policy. Pakistan ranks third, having established its own regulatory agency (PVARA) and a national crypto council. Bangladesh, ranking 14th, despite being officially banned on crypto, still witnessed rapid growth through underground channels.

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