Chainalysis: despite regulatory uncertainty, investments by Indians in cryptocurrencies grew from ~$200M to $40B in the past year, as 15M bought and sold coins (Bloomberg)

Bloomberg:
Chainalysis: despite regulatory uncertainty, investments by Indians in cryptocurrencies grew from ~$200M to $40B in the past year, as 15M bought and sold coins  —  – Daily trading values are up nearly 900% in last 12 months  — Investors pile in, regulators give conflicting signs on future