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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‘Nobody left to bank crypto companies’ — Crypto Twitter reactsSilicon Valley Bank's (SVB) sudden collapse and the closure of crypto-friendly bank Signature Bank have prompted the crypto community to give their 2 cents on what it could all mean for the future. Not surprising given the environment right now, but was a traditional “bank” really needed for cryptocurrency? I don’t know much about what they offered, but it feels like they were trying to hang onto old, familiar models. self-custody, brokerage accounts
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