More than 400 billion rupees have been invested in blockchain startups internationally. Thus, it would be wise to participate in this development. In the last ten years, we have seen the introduction of online KYC, UPI transfer, Aadhaar based payments, and several other measures under the Modi government which testify to the fact that India is not lagging behind in the development of the technology-based financial ecosystem. One of the most famous cryptocurrencies, Ethereum, is increased from Rs 8,200 (13th March 2020) to Rs 1.5 lakh (20th March 2021) which is almost 1800%, and for the same time period, bitcoin was raised from Rs 3,12,436 to Rs 46,13,877 which is 1476%. The higher returns are lucrative and attract speculation in the assets. There are around six lakh users of cryptocurrency in India which was doubled last year. The soaring high returns draw the attention of crypto investors. Believing this to have huge potential, top-notch firms are eager to invest and capture their market share in India.