Almost Half of Indians Have Zero Trust Crypto

Almost Half of Indians Have Zero Trust Crypto

As per a recent survey of 9,174 Indians conducted by digital community-based platform LocalCircles, 49% of respondents have zero trust in cryptocurrencies, local media outlet Business Today reports.For comparison, only 1% of them have high trust in the new asset class, which shows that ardent crypto proponents are an extremely slim minority in the country.Eighty-seven percent of the respondents do not have any family members who have invested in cryptocurrencies.The overwhelming majority of Indians (76%) are in favor of prohibiting cryptocurrency advertising.

Source