Poll shows Indians likely to invest in Bitcoin & cryptocurrencies

Cryptocurrencies and blockchain technology have been entering different countries’ markets. Some countries have expressed uninterest and resentment towards the same, while others have embraced the technology and the advantage it offers.

Despite the fact that the Supreme Court of India hasn’t come out with a verdict on the legality of cryptocurrencies, India’s prominent news agency, Times of India revealed in a recent poll that Indian investors were eyeing at investing their money into the same. The agency had conducted the poll, offering the audience different investment choices with the stipulation that they could withdraw their investment only in 2030.

Source – Times of India

Though it is the second last preference of investment, this number still indicates progress in a country that is financially conservative and the when legality of digital currencies is still dubious. With equity mutual fund being the most sought-after investment, real estate followed…