At 6.3 Crore, Women In India Are The Third Highest Crypto Owners In The World, Reveals Study
At 6.3 Crore, Women In India Are The Third Highest Crypto Owners In The World, Reveals Study
6.3 crore. That’s the number of women in India that are said to be owning cryptocurrency, as per a recent study’s data. Nearly 1 in every 10 women in India have owned cryptocurrency, marking the third-highest share globally, the study showed.
Women crypto owners stood at 63 million in India as against a female population of about 685 million—a 9.2% share, data from foreign exchange education platform Forex Suggest showed, as per an ET report.
Vietnam tops the list with 12 million female crypto owners — 24% of its female population. The Philippines ranks second with 9.6%, reflecting almost 5.5 million female crypto owners. India sits in third place, with nearly 10% of the female population owning crypto.
However, barring a few countries, there are disparities in ownership of crypto. Vietnam again had the highest numbers of male and female crypto owners, with 47% being female. This resulted in the country also topping the list of countries with the most equal (in terms of gender) adoption of crypto.
“This is a difference of just six percentage points, showing that female access to digital currencies is being supported by the local culture,” the study said. Second-placed Indonesia reflected a 14-point gap, with the male and female shares being 57% and 43%, respectively.
In third place were Kenya and Colombia, with women making up 42% of total crypto owners in both countries. India ranked eighth, with male and female crypto ownership at 60% and 40%, respectively.
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