2 November 2024
Indian Government To Discuss Crypto with the Leading Industry Players
With time, the Indian Government is taking a softer stance on Crypto. Rather than imposing a Blanket ban, India will now be walking on the regulation route. For which the Indian Government has announced a “first-ever” meeting with the leading Cryptocurrency players in the country.
Members of the IAMAI and BACC are invited to join the Crypto Talk. IAMAI stands for India Internet and Mobile Association while BACC stands for Blockchain and Crypto Assets Council. These include organizations like CoinDCX, WazirX, CoinSwitch Kuber, and Unocoin. The Parliamentary Standing Committee on Finance will host the meeting on November 15. The meeting title is “Hearing of the views of associations, industry experts on the subject of ‘CryptoFinance’: Opportunities and challenges.”
According to Business Insider India, “the government is looking for answers to questions like the potential of the crypto industry’s to India’s digital ambition and its economy and its impact on the Indian rupee.”
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