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Currencies

India’s next crypto challenge: Bridging the gap between hype and financial literacy

Cryptocurrency in India is growing fast. From college students in tier-2 cities to retirees looking for new investment avenues, the appeal is broad and rising. But while adoption is accelerating, understanding is not – and that is where the danger lies.Recently, a 72-year-old man in East Delhi lost ₹40 lakh in a crypto scam. He was shown fake profits through a sophisticated online dashboard and was lured into repeatedly investing before being shut out entirely. This isn’t an isolated case. Such stories are becoming common across India, and they all...