A number of India’s most prominent crypto firms are set to meet with government officials next week to provide their views on the industry.
- India’s Parliamentary Standing Committee on Finance has arranged for a meeting on Monday to “hear the views of associations/industry experts on the subject ‘CryptoFinance: Opportunities and Challenges.’ ”
- It will be the first official meeting between the government and stakeholders in the crypto industry, Business Insider reported on Thursday.
- Crypto exchanges WazirX, CoinSwitch Kuber and CoinDCX, are reported to be among the invitees. WazirX, which is owned by Binance, the world’s largest crypto exchange by trading volume, confirmed the meeting, while CoinSwitch Kuber and CoinDCX declined to comment.
- CoinSwitch Kuber was reportedly in talks with the government over regulation of the industry.
UPDATE (Nov. 12, 11:02 UTC): Adds comment from CoinSwitch Kuber and CoinDCX in third bullet.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.