Crypto trading booms in India's interiors as job growth and incomes disappoint

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The story "Crypto trading booms in India&#039;s interiors as job growth and incomes disappoint" was covered 4 hours ago by Channel News Asia, a news publisher based in Singapore.

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Crypto trading booms in India's interiors as job growth and incomes disappoint - Channel News Asia

Quick Summary:

NAGPUR, India : Like thousands of his countrymen in far-flung places, flower-shop owner Ashish Nagose has been learning about trading cryptocurrencies by attending classes every weekday for the past two months in his home city of Nagpur in western India.

"I want to run my family shop, and hope that trading can provide a steady income when business slows down, like in the month after (the Hindu festival of) Diwali," he said, seated at the storefront surrounded by bunches of red roses and orange marigolds.

"There is a lot of curiosity at the ground level ...especially with Trump becoming the U.S.president and the entire flavour of crypto changing world over," said Edul Patel, co-founder of Mudrex, an Indian crypto exchange.