Indian Lawmakers to discuss terms with Crypto Companies

India’s most prominent crypto companies are set to meet with the authorities next week to supply their views on the industry.

India’s Parliamentary Standing Committee on Finance has arranged for a meeting on Nov. 15 to “hear the views of associations/industry specialists on the difficulty “CryptoFinance: Opportunities and Challenges.

This would be the first legitimate assembly between the authorities and stakeholders in the crypto industry.

Binance-owned crypto exchanges WazirX, CoinSwitch Kuber and CoinDCX, are suggested to be amongst the invitees.

WazirX confirmed the meeting, whilst CoinSwitch Kuber and CoinDCX declined to comment.

At the begin of this year, the Indian government looked set to introduce rules to outright ban crypto, plans that have considered the fact that appeared to soften.

CoinSwitch Kuber used to be reportedly in talks with the authorities over rules of the industry.

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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