Key Notes
- In a dialog with CoinDCX CEO Sumit Gupta, India’s Kamath mentioned he has by no means owned Bitcoin.
- He mentioned he doesn’t have ample data about cryptocurrency to provide an opinion on the crypto market.
- India’s anti-crypto stance has relaxed in current occasions and Kamath is now open to the market.
Nikhil Kamath, a famend Indian billionaire, lately informed CoinDCX CEO Sumit Gupta that he doesn’t have a single Bitcoin
BTC
$87 519
24h volatility:
0.2%
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Vol. 24h:
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to his identify nor has he ever invested in different crypto. He clarified that he was not so accustomed to the idea of cryptocurrencies, regardless that he interacts with a number of the high gamers throughout the blockchain business.
Cautious Stance or Reality?
Throughout Kamath’s dialog with Gupta, the billionaire and co-founder of Zerodha hinted at his curiosity to pursue BTC by 2026, regardless that he has by no means owned Bitcoin prior to now. As somebody who claims to have much less data about Bitcoin and different digital currencies, he says that he’s open to studying concerning the area and exploring it additional.
Hello @nikhilkamathcio,
Congrats on the success of WTF podcast in 2025. I learnt loads from it and I’m positive tens of millions of Indians additionally realized loads too.
I’ve a query for you although!
You’ve gotten spoken to many leaders like Elon Musk, Ray Dalio, Nandan Nilekani, Ruchir Sharma… pic.twitter.com/B0C67DhpjK
— Sumit Gupta (CoinDCX) (@smtgpt) December 24, 2025
This revelation was made when CoinDCX CEO sought to find out about Kamath’s views on blockchain and Bitcoin. His response could have come as a shock to many individuals contemplating that Kamath has conversed with high leaders on his WTF podcast.
This consists of high business gamers like Elon Musk, Nandan Nilekani, Ruchir Sharma, Ray Dalio and plenty of extra.
Apparently, a handful of those entities are targeted on blockchain and crypto, however it seems that Kamath didn’t faucet from that side of their data. He unashamedly admitted the limitation of his data on the topic.
Throughout one among his podcasts with Musk, the Tesla boss equated Bitcoin with “vitality,” which he believes to be the “true foreign money.”
India’s Crypto Panorama Expertise Leniency
Some entities suspect that Kamath may be taking a cautious stance with reference to crypto, particularly contemplating India’s place with digital property. India as soon as said that it has no plans to regulate the crypto sector for now, citing considerations that it may expose the nation’s monetary system to dangers.
The authorities within the area have agreed {that a} full ban may deal with speculative actions, however on the identical time, it wouldn’t stop peer-to-peer transfers or decentralized buying and selling.
On one hand, India has turn out to be extra lenient in direction of the burgeoning crypto business in current months. Final October, Coinbase World Inc., an American cryptocurrency trade strengthened its presence in India and the Center East by making a serious funding in CoinDCX. This got here 3 years after the identical trade exited the nation.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm data by yourself and seek the advice of with an expert earlier than making any selections primarily based on this content material.
Benjamin Godfrey is a blockchain fanatic and journalist who relishes writing about the actual life purposes of blockchain expertise and improvements to drive common acceptance and worldwide integration of the rising expertise. His need to teach folks about cryptocurrencies evokes his contributions to famend blockchain media and websites.
