Big news in India! The government is working with a company called CoinDCX to keep safe all the cryptocurrency it takes from investigations. It's like a special bank for digital money. This shows India is getting serious about managing cryptocurrencies.
- CoinDCX will help India's government store seized cryptocurrencies.
- CoinDCX uses super-safe methods to protect the digital money.
- India's cryptocurrency market is growing fast, even with high taxes.
Fact | Number |
---|---|
Amount of money stolen from WazirX (another crypto company) | $230 million |
Money in CoinDCX's investor protection fund | Almost $6 million |
India's crypto trading volume in Q4 2024 | $1.9 billion |
Predicted size of India's crypto market by 2035 | Over $15 billion |