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India's Crypto, Web3 Industry Said to Form New Advocacy Body

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SCOOP: India's crypto and Web3 industry has formed a new advocacy body almost four months after the previous one was disbanded. By amitoj

Leading members of the new association involve Polygon, Hike, Coin DCX, CoinSwitch Kuber, Zebpay, and Wazir X, making it the most prominent Web3 advocate in the country. While some registration and procedural formalities remain, the association is set to be announced Thursday, the people said.

The goals of the body include driving awareness about Web3, pushing for technology and innovation, supporting ecosystem partners, and outreach to regulators to communicate steps towards consumer protection.

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