Can the global cryptocurrency movement expand even in the face of regional regulatory resistance? It’s a story that continues to unfold in the mid-2020s, with adoption of decentralized digital assets gaining traction in India despite evident pushback from the nation’s authorities.

While cryptocurrency use isn’t strictly prohibited in India, it’s also not necessarily encouraged by the government as crypto isn’t considered legal tender currency there. Moreover, India’s restrictive regulatory framework should, in theory at least, discourage cryptocurrency use and trading – but at the same time, resistance is likely futile as crypto’s worldwide adoption appears to be inevitable.