India Crypto News: Will Teng’s Support Push It to APAC Top Spot?

India Crypto News Today: Can It Lead APAC’s Next Big Blockchain Shift?

Can India truly become the face of global crypto leadership in Asia-Pacific? The latest India crypto news, on-chain data, and expert opinions suggest the momentum is not only real-it's accelerating faster than most expected.

That indeed can happen, according to Richard Teng, the CEO of Binance, who recently said that India has the potential to take the lead in cryptocurrency across the APAC region, driven by its massive economy and appetite for blockchain experimentation. 

Source: X

New research from Chainalysis reinforces this assertion, showing that APAC's monthly on-chain value tripled-from $81B in July 2022 to $244B in December 2024-with the country emerging as the region's strongest driver.

APAC Crypto Growth Surges with India Leading the Charge

Between 2022-2025, APAC demonstrated incredible growth. Monthly on-chain value first surpassed $100B at the end of 2023 and leapt to an all-time high of $244B in December 2024, fueled by global market optimism following the US presidential election.

Even after the peak, APAC remained strong, with $185B+ monthly volumes attained through mid-2025. Inside this growth, it became APAC's largest market with $338B in on-chain activity, driven by:

• Grassroots adoption

• Strong remittance demand from a large diaspora

• Young investors using assets as a secondary income

• Fintech rails like UPI and eRupi making onboarding easier.

And by 2025, it topped the Global Crypto Adoption Index, beating every other APAC nation and mostly outperforming North America in user participation.

Crypto Shift: Real-World Blockchain Adoption Gains Steam. It is not just trading digital assets; it's now deploying blockchain at scale.

Source: Chainalysis

It became a pivotal moment when MJP Rohilkhand University uploaded more than 7 million education award records to the Polygon blockchain. Degrees, diplomas, and certifications stored on-chain now represent one of the largest real-world blockchain implementations in the country.

Emerging platforms like Polygon, CoinDCX, CoinSwitch, ZebPay, and Delta Exchange are continually strengthening the ecosystem, reinforcing trust and visibility in global terms.

Investor participation, too, has increased manifold. As explained by Kasif Raza:

Source: X

• 5.72 lakh new SIP-style digital asset accounts opened in 2025

• A 7× jump from 2024

• Trading volume rose 37% to ₹51,333 crore ($6.15B)

• 2 crore+ active investors, of which 40% are users from Tier-2/3 cities

This indicates that adoption is no longer metro-centric in India; it's a movement.

The Hidden Challenge Slowing India Crypto Growth

Despite such high adoption, the country faces a deeper problem: a shortage of builders.

Influencer Zia ul Haque warns that domestic VC funding of Web3 has almost come to a standstill. The VCs need regulatory clarity, without which investment is frozen.

Major India crypto regulation concerns, according to Chainalysis, include:

• 30% tax on profits

• 1% TDS on every transaction

• Uneven enforcement hurting Indian exchanges

• Evolving rules delaying investor confidence

Today, most Web3 funding in the country comes from:

Global VCs, foreign angels, and Indian exchanges are dominated, indicating weak local support ecosystems. This creates a self-reinforcing cycle where no local pressure means slower regulations and less innovation.

What to Expect Next for India Crypto Market

At this very moment, the country finds itself at an inflection point. Never before has user adoption been stronger, on-chain activity more historic, or blockchain deployments more audacious. And yet, to lead globally, it needs support for its builders, stability in regulations, and investor-friendly tax reforms. 

Conclusion 

It is at the peak of a big global breakout. The strong grassroots adoption, massive APAC leadership, and real blockchain use cases indicate undeniable progress. However, regulatory clarity and builder support are going to shape the next chapter. If it solves these gaps, it could be the world's most influential hub.

Disclaimer: This is for educational purposes only. Always do your own research before any investment.