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Binance CEO Richard Teng says India’s young, tech-savvy base can make it a crypto leader. Chainalysis 2025 report already ranks India No. 1 in global crypto adoption Teng wants “smart” rules like the US/Europe; FIU registration lets Binance operate again Binance CEO Richard Teng told CNBC’s India audience that India is “a very important market” because it combines the world’s largest young, digital-native population with fast crypto uptake.  India Is Already Acting Like A Crypto Leader Chainalysis’ 2025 Global Crypto Adoption Index shows India sitting at No. 1 across retail, DeFi, centralized services, and institutional use, ahead of the United States.  India is also the anchor market in the Asia–Pacific surge, which grew on-chain volume 69% year on year. This tells readers in the US/UK/CA/AU that India isn’t “trying” to lead; it is already behaving like the biggest grassroots crypto market. Teng’s Ask: “Smart” Rules, Not A Free-For-All He stated that Binance has been working with the Indian government to support its agenda. However, Teng urged the Indian lawmakers to come up with smart regulations to support mainstream users seeking stablecoins, crypto trading, utility, and custody. According to Teng, India should learn from the United States, which has moved from anti-crypto under President Joe Biden to pro-crypto under President Donald Trump. Teng commended the United States government for enacting the Genius Act and the goodwill of passing the Clarity Act. Reasons Why India Will Lead in Crypto Adoption Demographics and skills Teng pointed out that India has led in global crypto adoption and is well-poised to continue leading due to its vast tech-savvy young demographic.  Source: Chainalysis  “India is a very important market, the largest demographics in the world, very tech savvy, and a very young population. And in every one of these countries, with a very tech-savvy population and…

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Filed under: News - @ November 4, 2025 8:28 pm