Asia Set for Crypto Supremacy as Regulatory Clarity Unlocks Indian Market

CoinSwitch's Co-Founder Ashish Singhal believes that regulatory clarity is key to unlocking India's next 100 million crypto investors. He thinks that clear rules around digital assets, who would regulate them, and how, would give users greater confidence and enable businesses to build responsibly.

Singhal also notes that the lines between traditional assets and digital assets will increasingly blur in the future, with tokenization making traditionally illiquid assets more accessible and programmable. He believes that Asia has the opportunity to become the global engine of Web3 innovation, and India can play a crucial role in bridging Web3 innovation with responsible mainstream adoption.

Singhal thinks that the convergence of crypto, AI, and financial infrastructure is an underestimated trend, where AI agents can transact, crypto enables machine-to-machine payments, and financial services become embedded into everyday digital experiences. He emphasizes the importance of clear, consistent regulation to protect users while giving builders room to experiment, scale, and create globally relevant products.

Singhal also notes that Bitcoin is best viewed as a distinct macro asset, rather than simply a risk asset or safe haven. During sudden geopolitical shocks, it can behave like a risk asset, but over a longer horizon, its global accessibility, limited supply, and independence from any single sovereign make it relevant as a diversification asset.