According to The UN trade and development body UNCTAD in India, 7.3 per cent of the population owned digital currency in 2021 and is ranked _________ in the list of top 20 global economies for digital currency ownership as share of the population?

Solution

According to the UN, over seven percent of India's population owns digital currency and reported that the use of cryptocurrency rose mainly during the pandemic. The UN trade and development body UNCTAD reported that in 2021, developing countries accounted for 15 of the top 20 economies in terms of the population that owns cryptocurrencies. In India, 7.3 per cent of the population owned digital currency in 2021 and is ranked seventh in the list of top 20 global economies for digital currency ownership as share of the population. Countries that were on the top of the list include - Ukraine topped the list with 12.7 percent, followed by Russia (11.9 pecent), Venezuela (10.3 percent), Singapore (9.4 percent), Kenya (8.5 percent and the US (8.3 percent). United NationsHeadquarters: New York, USA Secretary General: Antonio Guterres UNCTAD Headquarters: Geneva, Switzerland Secretary-General: Rebeca Grynspan