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Indian crypto currency trading volumes grow 500% since March

The trading volumes and user registrations have grown significantly in the last few months on the back of the Supreme Court order and the rise in Bitcoin prices. Dahake said that the primary drivers for the rise in trading volumes stem from the Supreme Court order and the COVID pandemic due to which people who lost their jobs or those who witnessed a salary cut turned to crypto currencies as an alternative option to make money. MediaNama is the premier source of information and analysis on Technology Policy in India.

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