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Market News

U.S. Embraces Bitcoin – India Must Lean In: CoinDCX CEO

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published May 29, 2025 12:36 PM·Updated 1 year ago
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U.S. Embraces Bitcoin - India must lean in: CoinDCX CEO

Sumit Gupta, the co-founder and CEO of CoinDCX, has made a strong pitch for India to adopt Bitcoin with urgency. In a recent post on X (formerly Twitter), Gupta highlighted why Bitcoin could play a strategic role in global power dynamics over the next decade—and why India cannot afford to sit on the sidelines.

“Bitcoin will become a strategically important asset for the United States over the next decade”.

That alone should tell us why India must lean in—boldly and urgently. Even a tiny country like Pakistan gets it.

There is still time for India to act. We will simply lose if we… https://t.co/1UDqKHNlsu

— Sumit Gupta (CoinDCX) (@smtgpt) May 28, 2025

Gupta’s tweet came in response to a video featuring U.S. Senator JD Vance, saying, “Bitcoin will become a strategically important asset for the United States over the next decade.” He also warned that India must “lean in—boldly and urgently,” or risk being left behind.

“Even a tiny country like Pakistan gets it. There is still time for India to act. We will simply lose if we don’t adopt,” he added.

Vance said, “The People’s Republic of China doesn’t like Bitcoin. We should be asking ourselves, why is that? Why is our biggest adversary such an opponent of Bitcoin? If the CCP is leaning away from Bitcoin, then maybe the US should be leaning in to Bitcoin.”

Gupta’s remarks come at a time when India’s stance on cryptocurrencies remains cautious, despite growing adoption globally.

Also Read: India Eyes Crypto Tax Cuts Amid Trump’s Pro-Crypto Return

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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