Indian investors look beyond Bitcoin, Japan to soften crypto tax: Asia Express

Indian crypto holders now hold 5 tokens on average, Ripple secures regulatory approval in Singapore, and Japan’s crypto tax: Asia Express

The average crypto holder on the popular Indian crypto exchange CoinDCX is starting to diversify their portfolio, according to recent survey results.

The Indian crypto investor today holds an average of 5 tokens per portfolio, CoinDCX said in an annual report released on Thursday. Its survey indicates the average investor in India has almost doubled the range of crypto tokens they hold, up from around two to three tokens in 2022.

CoinDCX said that investors are increasingly exploring the potential of other blockchain networks rather than focusing solely on Bitcoin.

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