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Cryptocurrency trading surges in India's smaller cities as young people seek income beyond jobs.
Cryptocurrency trading is booming in India's smaller cities due to disappointment with job growth and income.
Trading volumes on major exchanges reached $1.9 billion in the October-December quarter, doubling quarter-on-quarter.
Young Indians, who make up two-thirds of the population, are driving this surge, seeking to supplement their incomes.
Despite regulatory warnings and high taxes, interest continues to grow, with the market expected to reach over $15 billion by 2035.
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El comercio de criptomonedas aumenta en las ciudades más pequeñas de la India a medida que los jóvenes buscan ingresos más allá del empleo.