Advances in Consumer Research
Issue 2 : 1159-1171
Original Article
Cryptocurrency Adoption and Economic Empowerment: Transforming Financial Inclusion in India’s Emerging Markets
 ,
 ,
 ,
1
Research Scholar, Alabbar School of Management, Raffles University, Neemrana, Rajasthan-301705
2
Associate Professor, Alabbar School of Management, Raffles University, Neemrana, Rajasthan-301705
3
Assistant Professor, Alabbar School of Management, Raffles University, Neemrana, Rajasthan-301705
4
Professor, Alabbar School of Management, Raffles University, Neemrana, Rajasthan-301705
Abstract

This study explores the impact of cryptocurrency adoption on financial inclusion within India’s emerging markets. Key constructs such as Financial Inclusion (FI), Perceived Economic Empowerment (PEE), Trust in Financial Institutions (TFI), User Satisfaction (US), and Cryptocurrency Adoption (CA) were analyzed using Structural Equation Modelling (SEM). The findings reveal that CA significantly enhances FI, US, TFI, and PEE. These positively correlated with FI. The results suggest that cryptocurrencies offer a promising solution to address the limitations of traditional financial systems, fostering greater financial inclusion and economic empowerment in India’s growing economy. Future research should examine the role of digital literacy and regulatory frameworks in facilitating cryptocurrency adoption in this context..

Keywords
Recommended Articles
Original Article
Design and Implementation of Intelligent Autonomous Agents for Data Validation, Orchestration, and Cost Optimization
Original Article
Clinicobiochemical and Metabolic Associations of Polycystic Ovary Syndrome with Dermatological Manifestations and Renal Function Alteration among Reproductive-Age Women
...
Original Article
Industry 4.0 Adoption in MSMEs: Economic Performance, Capability Gaps, and Policy Implications
Original Article
Bioprospecting Aquatic Innate Immunity: Fish Mucus-Derived Compounds as Novel Human Therapeutics
...
Loading Image...
Volume 2, Issue 2
Citations
588 Views
142 Downloads
Share this article
© Copyright Advances in Consumer Research