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In India, the rise of cryptocurrency has sparked intense debate, with many viewing it as a risky gamble rather than a secure investment. Local products like digital wallets and blockchain-based platforms are gaining popularity, but experts warn that the volatile nature of crypto assets can lead to significant financial losses. For instance, Indian startups are developing apps to educate users, yet the lack of regulation makes it akin to gambling. It is crucial for investors to approach with caution and seek reliable information. |
