Indian Crypto Companies to Meet With Lawmakers Next Week: Report
www.coindesk.com 12 November 2021 10:02, UTC
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A number of India’s most prominent crypto firms are set to meet with the government next week to provide their views on the industry.
India’s Parliamentary Standing Committee on Finance has arranged for a meeting on Nov. 15 to “hear the views of associations/industry experts on the subject “CryptoFinance: Opportunities and Challenges”.”
This would be the first official meeting between the government and stakeholders in the crypto industry, Business Insider reported on Thursday.
Binance-owned crypto exchange WazirX told CoinDesk that it will be attending the meeting. Crypto unicorns CoinSwitch Kuber and CoinDCX are also among the invitees, according to reports.
At the start of this year, the Indian government looked set to introduce legislation to outright ban crypto, plans that have since appeared to soften.
CoinSwitch Kuber was reportedly in talks with the government over regulation of the industry.
Read more: Crypto Adoption Numbers in India Could Be ‘Exaggerated,’ Says RBI Governor
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