Small town India joins crypto rush despite taxes
MUMBAI: The Patels and Shahs in Gujarat’s Botad, and Bordolios and Baruas in Assam’s Barbaka may not have much in common. Chances that these Indians have any link with Donald Trump or Paul Atkins are even weaker. One thing, however, is emerging that could link all these people across the globe: Their love for cryptocurrencies.
Smaller cities and towns in India are becoming active hubs of crypto trading, joining the bigger metros where people have been trading these digital assets for several years now. There’s a growing appeal for cryptos among people – mostly 35 years old or younger – from places like Botad, Barbaka, Jalandhar, Kanchipuram, Patna and several other smaller Indian cities and towns, a report by CoinSwitch showed.
“What…
