What's the story

Binance , the world's largest cryptocurrency exchange, is planning a major expansion in India. SB Seker, the APAC Head at Binance, said that India is a key market for the company. He said that despite not having an office here yet, they are looking to hire talent in India to establish their presence on the ground.

Market dominance

India's dominance in crypto space

Seker highlighted India's dominance in the crypto space, saying it has been leading in terms of crypto adoption for three consecutive years. He said APAC is leading year-on-year growth for digital assets with a whopping 69-70% growth last year. "India is by far the leader," he added, noting that it comfortably exceeds this growth pace.

Future strategies

Institutional adoption and regional trends

Binance

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