According to the UN, India’s population has owned 7.3% digital currency and ranked seventh in the list of top 20 global economies for digital currency ownership as share of population.
Ukraine topped the list with 12.7%, followed by Russia (11.9%), Venezuela (10.3%), Singapore (9.4%), Kenya (8.5%) and the US (8.3%).
It also been observed that the global use of cryptocurrencies has increased exponentially during the COVID-19 pandemic (including developing countries).
