Indians Are Now Using Crypto To Buy Groceries, Fuel & Even Gold!
Indian Users Are Sending $USDT And Other Crypto To Overseas Platforms In Countries Like Sweden, Germany & Singapore, Which Convert It Into Indian Gift Vouchers.
These Vouchers Can Be Used At Grocery Stores, Fuel Pumps, Food Delivery Apps & Jewellery Merchants.
One Platform Has Reportedly Issued 16M+ Cards To Indian Users. 🇮🇳
The Growing Trend Is Now Raising Questions Around Crypto Tax, AML/KYC, FEMA & Cross-Border Payment Rules.
Crypto Adoption Is Expanding But Regulatory Clarity Is Still Missing.
Source: ET
September 8, 2026 6K 6
