Ahead Of Potential Ban, Crypto Startups Team Up To Lobby Modi Govt

With the new lobby group, the crypto industry is looking to strike a dialogue with the government, regulators and policymakers

The Indian government’s understanding related to crypto market is poor and unclear, said BlockOn’s Jagdish Pandya

Unocoin’s Sathvik Vishwanath said that if crypto ban goes through, India has a lot to lose

Ahead of a speculated cryptocurrency ban in the country, crypto entrepreneurs and founders have joined forces to form a lobbying group called ‘Association for Blockchain & Crypto and digital asset Entrepreneurs.’ With this, the crypto players are trying to convenience the government against making any moves that would hamper the growth of the industry. 

Jagdish Pandya, the chairman of BlockOn Group told ET that the Indian government, regulators and policymakers’ knowledge related to the crypto market is poor and unclear, and this lobby group has been set up to get the industry together.

Sidharth Sogani, CEO at blockchain-focused research firm…

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