Jamie Crawley is a CoinDesk news reporter based in London.

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.
  • 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.

UPDATE (Nov. 12, 11:02 UTC): Adds comment from CoinSwitch Kuber and CoinDCX in third bullet.



Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

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. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Jamie Crawley is a CoinDesk news reporter based in London.

CoinDesk - Unknown

Jamie Crawley is a CoinDesk news reporter based in London.