93% of Indians Call for Crypto Regulation: Mudrex Survey Reveals

Bengaluru : Mudrex, one of India’s leading crypto investment platforms, today released its latest survey, “What India Thinks: Crypto Regulation, Taxation & Investment Trends.” Drawing responses from over 9,000 participants across age groups, income levels, professions, and regions, the study captures investor views on regulation, taxation, motivations, deterrents, trust in authorities, political opinions, and sources of crypto knowledge.

India has led the world in crypto adoption for three consecutive years, according to industry reports. This rapid growth highlights both the immense opportunity and the pressing need for regulatory clarity.

Against this backdrop, the survey found 93% of respondents support crypto regulation, underscoring strong demand for a structured framework. Of these, 56% called for comprehensive rules, 24% preferred lighter oversight, and 13% sought regulation limited to taxation. 50% of respondents expressed support for a dedicated crypto regulator.

Commenting on the findings, Edul Patel, CEO and Co-founder of Mudrex, said: “India is already at the forefront of global crypto adoption and has the talent, appetite, and scale to shape the digital asset economy. But to get there, regulation must evolve into clarity. The survey shows that investors are not against rules; they’re against uncertainty. Clear regulation will give investors the confidence to participate. Treating digital assets on par with other asset classes will encourage more participation, prevent capital flight, and establish India as a credible hub for digital finance.”