India’s Crypto Industry Finally Sees Lawmakers Engaging

Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.On Saturday, India’s crypto industry pulled off a near coup by bringing lawmakers and members of India’s ruling party to a conference discussing Web3.

The conference managed to bring senior leaders from India’s ruling party – National Vice President Baijayant Panda and former Law Minister Ravi Shankar Prasad to an event. From the opposition benches it brought a chairperson of the parliamentary standing committee on commerce and a deputy leader of the parliament’s lower house.

“Web3 is important with a caution…come out of the shadow of crypto,” said Prasad, who has also been a former Information Technology Minister.“

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