The Impact of Cryptocurrencies on Financial Markets and Traditional Banking Models: Evidence from India

The emergence of cryptocurrencies has brought about a trans-formative revolution in international finance, with far-reaching consequences for conventional banking and financial markets. This research examines the development of cryptocurrencies in India, examining their impact on payment systems, credit methods, investment patterns, and regulatory dynamics. Adopting a mixed-methods approach, the study finds that cryptocurrencies provide potential for financial inclusion and innovation but also risks financial stability. The research presents strategic suggestions to banks, regulators, and policymakers on how to cope with the changing digital world of finance