Indian HNIs turn to cryptocurrencies after US reforms – What’s leading the rally?

US President Donald Trump signed the recently passed stablecoin bill into law on Friday — vowing that the crypto industry was “going to be stronger and bigger and better than ever before”. Bitcoin set new records this week as public sentiment improves steadily after a tariff-induced selloff earlier this year. Anticipation about a sustained bull run has also seeped into the Indian markets with a growing number of high-net-worth individuals turning to digital currencies.

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