India has claimed the top spot in global crypto adoption for a third consecutive time, according to Chainalysis’ latest report. Despite challenging tax policies and an unclear regulatory landscape for digital assets, India leads across various metrics, including retail centralized service value, DeFi value, and institutional centralized service value. The United States ranks second, followed by Pakistan, Vietnam, Nigeria, and then several African countries. 🤔 📈 While global regulations concerning digital assets are primarily dominated by developed nations like the US, Hong Kong, and Dubai, developing nations such as India, Ukraine, the Philippines, Brazil, and Nigeria continue to see rapid growth in cryptocurrency adoption. This trend is driven by a growing community of crypto enthusiasts eager for clarity on regulations and a clearer legal framework for their investments.