Indian Web3 Players form new association months after BACC closure

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The web3 startups in India have formed a new lobby which consists of WazirX, Hike, CoinSwitch Kuber, CoinDCX, Coinbase and Polygon as members, among others.

Bharat Web3 Association (BWA) was formed a few months after the Internet and Mobile Association of India (IAMAI) disbanded the Blockchain and Crypto Assets Council (BACC). Members of BWA will come from a variety of industries, including NFTs, Web3 Gaming, Infrastructure Providers, Virtual Digital Assets (VDAs), and Token Projects. The upcoming G20 meetings will provide India with an excellent opportunity to lead a collaborative regulatory framework for digital assets: BWA.

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Indian Web3 Players form new association months after BACC closure

The web3 startups in India have formed a new lobby which consists of WazirX, Hike, CoinSwitch Kuber, CoinDCX, Coinbase and Polygon as members, among others.

Bharat Web3 Association (BWA) was formed a few months after the Internet and Mobile Association of India (IAMAI) disbanded the Blockchain and Crypto Assets Council (BACC). Members of BWA will come from a variety of industries, including NFTs, Web3 Gaming, Infrastructure Providers, Virtual Digital Assets (VDAs), and Token Projects. The upcoming G20 meetings will provide India with an excellent opportunity to lead a collaborative regulatory framework for digital assets: BWA.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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