India, April 2 -- India continues to rank among the leading countries for cryptocurrency adoption, with increasing participation from rural and semi-urban regions. This trend is supported by a growing digital economy and a young, technology-aware population.

Findings from a joint report by Pi42 and Hashed Emergent indicate that younger users are playing a significant role in the expansion of crypto-INR derivatives trading. According to the data, 61 per cent of new traders fall within the 18-25 age group, highlighting strong participation from Generation Z.

The report also notes a rise in female participation, which increased by 20 per cent year-on-year. Women now account for nearly one in eight traders on the platform.

The study points...