India

Recently, India's largest cryptocurrency exchange CoinSwitch Kuber raised $260 million at a valuation of $1.9 billion. in April, it just closed its Series B funding round valued at over $500 million.

This reflects the hotness of the Indian crypto market. According to Chainalysis, a blockchain data tracking platform, India ranks second in the Crypto Adoption Index (three metrics to measure the adoption of bitcoin and cryptocurrencies: the receipt and transfer of crypto value on-chain, and the measurement of crypto activity) out of 154 countries that have been counted.