Chart: Crypto Owners Increased Significantly in India in Last Few Years

India, Brazil, the US and Germany are countries where the number of crypto users and owners increased significantly between 2018/19 and 2021/22.

Martin Armstrong

India, Brazil, the US and Germany are countries where the number of crypto users and owners increased significantly between 2018/19 and 2021/22.

chart crypto owners increased significantly in india in last few years

Representations of virtual cryptocurrencies are seen in this illustration. Photo: Reuters/Dado Ruvic

The hype around cryptocurrencies is spreading around the world, with blockchain currencies like Bitcoin, Ethereum or Binance piquing the interest of more and more people - at least in some countries.

According to the Statista Global Consumer Survey, India, Brazil, the US and Germany are countries where the number of crypto users and owners increased significantly between 2018/19 and 2021/22. In India, for example, the number of those "invested" in crypto more than tripled from 8% to 27% over that time span.

In other countries, on the other hand, interest in cryptocurrencies more or less stagnated between the years in question. Those countries included China and Mexico. Modest gains could also be seen in South Africa and Spain.

You will find more infographics at Statista, where this article was originally published.

This article went live on November fifteenth, two thousand twenty two, at fifty minutes past one in the afternoon.

The Wire is now on WhatsApp. Follow our channel for sharp analysis and opinions on the latest developments.