India Becomes the World’s Second Largest Bitcoin Holder

India Surges To Second Place In Global Bitcoin Holdings, Behind Only The U.S. - FinanceFeeds

India has emerged as the world’s second-largest holder of Bitcoin, according to recent industry estimates, trailing only the United States. Analysts peg India’s holdings at approximately 1 million BTC, accounting for around 5.1% of Bitcoin’s total circulating supply. This milestone underscores India’s growing influence in the global crypto economy. This estimate places India ahead of other crypto-active nations such as China, Germany, and Russia…

CoinDCX CEO Eyes India as Future #1 in Bitcoin Ownership

Despite stiff taxes and regulatory fog, India now ranks #2 globally in Bitcoin ownership. According to new data shared by investor Fred Krueger, India holds around 1 million BTC, approximately 5.1% of all circulating Bitcoin. That’s an estimated $120 billion in value at current prices. CoinDCX CEO Sumit Gupta highlighted the milestone in a post on X. “Even with a 30% capital gains tax and 1% TDS, India ranks second globally,” he said. Gupta cred…

India Becomes the World’s Second Largest Bitcoin Holder

The post India Becomes the World’s Second Largest Bitcoin Holder appeared on BitcoinEthereumNews.com. The post India Becomes the World’s Second Largest Bitcoin Holder appeared first on Coinpedia Fintech News India now holds 1 million BTC, which is 5.1% of all Bitcoins currently in circulation. With this major milestone, India moves up to second place worldwide in terms of Bitcoin holdings. The achievement highlights the growing interest and stro…

India Becomes the World’s Second Largest Bitcoin Holder - Coin Surges

The post India Becomes the World’s Second Largest Bitcoin Holder appeared first on Coinpedia Fintech News India now holds 1 million BTC, which is 5.1% of all Bitcoins currently in circulation. With this major milestone, India moves up to second place worldwide in terms of Bitcoin holdings. The achievement highlights the growing interest and strong presence of the country’s investors in the cryptocurrency market. As Bitcoin continues to gain acce…