The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country.
Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost
Parliament Member Agrees to Help
Since the Indian government published the draft bill to ban cryptocurrencies, the crypto community has united to convince lawmakers that the bill is flawed in hope that positive regulation will be introduced instead. This week, the community has made notable progress, as its efforts have caught the attention of an influential member of parliament (MP). Representing the state of Karnataka, Rajeev Chandrasekhar is a member of Rajya Sabha, the upper house of the parliament of India, and the ruling Bharatiya Janata Party (BJP).
Chandrasekhar met with some crypto industry leaders and stakeholders on Monday. Among those he met with was Nischal Shetty, CEO of local crypto exchange…