🌍 India, Nigeria, and Thailand top Chainalysis' 2023 Global Crypto Adoption Index, with lower middle income (LMI) countries leading the way in grassroots crypto adoption. Despite a worldwide dip in adoption post-FTX implosion, LMI nations show strong recovery. Fun fact: LMI countries account for 40% of the world's population! 🚀

Institutional adoption in high-income countries is also on the rise, hinting at a "bottom up and top down" crypto adoption trend. India, the largest crypto market in the region, even has a unique 1% tax deducted at source (TDS) scheme for crypto transactions. 🇮🇳💰

Crypto's future looks bright in both developing and wealthy nations! 😎