For the first time, the government officials have called for a meeting with the top stakeholders in the crypto industry, including several crypto exchange platforms.
The government will hold a meeting on November 15 with the stakeholders of the crypto industry and crypto exchange platforms of India to talk about the impact of cryptocurrency in India’s financial sector.
The govt. will meet The India Internet and Mobile Association (IAMAI) Blockchain and Crypto Assets Council (BACC), which includes the top crypto exchanges of India including WazirX, CoinDCX, CoinSwitch Kuber and others.
Reportedly, the topic of the meeting is titled “Hearing of the views of associations, industry experts on the subject of ‘CryptoFinance’: Opportunities and challenges.” The meeting will be hosted by the Parliament Standing Committee on Finance by Lok Sabha, the lower house of the Parliament.
The government wishes to explore what impact cryptocurrency may have on India’s economy. Thus, the meeting on November 15 will be a decisive event before the anticipated cryptocurrency bill to be presented to the Parliament later this year.
