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Indian crypto experts hopeful after meeting with Parliamentary panel
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After the Standing Committee on Finance discussed the regulatory challenges with the industry representatives on November 12, the industry experts see a silver lining as there is an open dialogue and legitimate concerns are being discussed, which is a move forward, say the experts that Moneycontrol spoke to.
Cryptocurrency cannot be stopped but must be regulated, said the Parliamentary panel in the meeting. The Standing Committee on Finance, which was chaired by BJP's Jayant Sinha, met representatives of crypto exchanges, Blockchain and Crypto Assets Council (BACC), industry bodies, and other stakeholders to discuss the regulatory challenges of Cryptocurrency in India.
"The discussions and questions by the committee were around how the
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