Cryptocurrency Investment in India-Trends, Challenges and Regulatory Landscape

A significant increase in the number of internet users has triggered virtual word concepts and generated a new economic phenomenon known as cryptocurrencies to enable financial transactions including purchasing, selling, and trading. In recent years, the usage of virtual currency has expanded across several platforms. Cryptocurrency investment in India has witnessed significant growth over the past decade, fuelled by technological advancements, market speculation, and a growing interest in decentralized finance. However, despite its popularity, the sector faces regulatory uncertainty, volatility, and skepticism from various quarters. Present study is based on Secondary data. This paper delves into the trends and challenges associated with cryptocurrency investments in India, the regulatory landscape, and the future outlook for the industry.The recent trends, challenges and regulatory aspects of cryptocurrencies are examined in this research.