While some nimble organizations have already gotten involved in cryptocurrency adoption, there are still many funds and investors who are eager to allocate part of their portfolio to crypto but face hurdles that are preventing them from jumping in just yet. Organizational adoption of cryptocurrency in India is still in the first stage.
From the survey, it is observed that out of 268 responses received related to organizational adoption of cryptocurrency 23.5% of respondents use cryptocurrency in their business or their organization pays them in cryptos. While the other 76.50% of responses were negating the fact of organizational adoption. In India organizational adoption of cryptos is still something that is yet to evolve. Cryptocurrency is still not seen as a payment asset for organizations. Nevertheless, with time there are chances for the adoption of crypto coins by big organizations.
| No | 76.50% |
| Yes | 23.5% |
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.