India’s Web3 Industry Upbeat After Trump’s Election Victory

November 27, 2024 10:05:00

The re-election of Donald Trump as U.S. President has sparked optimism in the Web3 and crypto industry in India. His unwavering support for digital currencies and intentions to turn the U.S. into a global crypto leader has raised hopes of a more favorable environment for digital assets worldwide. Indian industry leaders believe that Trump’s policies could indirectly influence India’s approach to regulating digital assets.

When Trump won the presidential race on November 5 against Kamala Harris, Bitcoin, the largest digital currency, soared to over…

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