ReferIndia News India Leads Global Crypto Adoption at Grassroots Level, Binance Co-CEO Richard Teng Says

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India Leads Global Crypto Adoption at Grassroots Level, Binance Co-CEO Richard Teng Says

Published on: Jan. 20, 2026, 11:32 p.m. | Source: scanx.trade

Binance co-CEO Richard Teng has identified India as the world's top cryptocurrency adopter at grassroots level, citing Chainalysis data that ranks India number one in the crypto adoption index. Despite regulatory uncertainties, India's young, tech-savvy population drives this leadership position. Binance processed $34 trillion in trading value last year with over 300 million users, experiencing 20%+ growth in institutional volumes as corporate treasuries adopt crypto for efficient global capital movement.

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