Crypto market in India, Sri Lanka, and other South Asian countries is “rapidly maturing”: Report

South Asia’s crypto market, including India and Sri Lanka, is “rapidly maturing” [File]

South Asia’s crypto market, including India and Sri Lanka, is “rapidly maturing” [File]
| Photo Credit: REUTERS

South Asia’s crypto market, including India and Sri Lanka, is “rapidly maturing” as investors are focusing on security and education even while a greater number adopts crypto, according to a report by Binance, one of the world’s largest cryptocurrency exchanges.

The Asia Crypto Security Survey involved the study of 29,847 valid responses, with 3,321 of these coming from South Asia.

Rather than being a market of early adopters, Binance’s survey noted that nearly 28% of those surveyed in the region started…

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