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Market News

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

Written By:
Dishita Malvania

Reviewed By:
Dhara Chavda

Last updated: May 29, 2025 1:38 PM
Published 2025-05-29
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Last updated: May 29, 2025 1:38 PM
Published 2025-05-29
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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TAGGED:Bitcoin (BTC)IndiaUnited States
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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
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Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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