Categories: Regulations

Indian cryptocurrency community goes to Switzerland to learn about crypto friendly regulations

When it comes to cryptocurrency in India, most of the people are clueless regarding its status. Whether is it legal or not legal, is the question most people of India have in their mind. Cryptocurrency holding and trading are legal. Only banks haven’t allowed their services to cryptocurrency companies. One of the problems is that India lacks clear cryptocurrency regulations.

Mr. Akshay Aggawal who is the co-founder of Blockchained India, one of India’s most prominent blockchain group, has gone to Switzerland as a part of its blockchain-oriented tour which was led by Swissnex India in partnerships with Presence Swiss (Swiss Dept. of Foreign Affairs ).

Mr. Akshay Aggarwal’s Swiss tour includes an in-depth discussion with Swiss govt. officials, top VCs, startups and independent communities.

According to Akshay Aggarwal,

We have found Delhi and Bangalore to be the most mature ecosystems. The enthusiasm, especially in Delhi, is another level altogether. Though when you look specifically at enterprise blockchains, Hyderabad comes quite close to Bangalore. This is due to the initiative of the Telangana government to form a blockchain district.”

India’s Dapp Fest

In June 2019, Blockchained India is organizing one of the most important events in the Indian blockchain ecosystem – India Dapp Fest. This is the only major blockchain event in India for the year 2019.

The reason the event is important is that, it is going to promote blockchain development to over 600+ developers. India is lacking behind Blockchain in terms of international development. One of the major goals of this conference is to educate students as well as developers in the new field of blockchain.

India’s Dapp Fest is supposed to start from 11th till 15th June 2019, in Bangalore.

 


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Stablecoins Demystified: Why Traditional Infrastructure Powers the Crypto Future

Stablecoins Demystified: Why Traditional Infrastructure Powers the Crypto Future Stablecoins promise fast, cheap, and borderless…

28 mins ago

DOD Alert: How AI and Crypto ‘Lower the Bar’ for Cybercriminals

In today's fast-paced digital world, new technologies bring both opportunities and risks. Top leaders from…

3 hours ago

Wisconsin’s Crackdown on Crypto Kiosk Criminals: How a New Bill Shields Victims from Scams

Wisconsin's Crackdown on : How a New Bill Shields Victims from Scams In a big…

4 hours ago

Google Ads Unveils New Certification Process for Crypto Advertisers: What’s Changing?

Introduction to the Big Update Big news for anyone in the crypto world looking to…

6 hours ago

Crypto Devs Beware: Contagious Interview Campaign Deploys Backdoors and Fake MetaMask for Stealthy Theft

Crypto Devs Beware: Campaign Deploys Backdoors and Fake MetaMask for Stealthy Theft Imagine getting a…

8 hours ago