2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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29th
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37th
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42nd
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21st
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Detailed explanation-1: -Abhishek Mishra. India ranked 21st in Chainalysis 2021 Cryptocurrency Gains by Country. According to the data released by crypto analytics firm Chainalysis, investors around the world realized total Crypto gains of $162.7 billion in 2021.
Detailed explanation-2: -In what appears to be the result of heavy taxation on cryptocurrencies and regulatory uncertainty, India slid two places to the fourth rank on the Global Crypto Adoption Index released by Chainalysis.
Detailed explanation-3: -Currently, cryptocurrencies are not regulated in India. There are no regulations to ban people from dealing in or mining cryptocurrency.
Detailed explanation-4: -KuCoin survey projected that by 2030, the total value of investments in cryptocurrencies from India will cross $241 million (about ₹1,900 crore).