HomeNewsTechnologyBlockchain Summit underscores the need for Crypto Regulation in India

Blockchain Summit underscores the need for Crypto Regulation in India

The summit observed the presence of over 80 global blockchain influencers and speakers to address 2300 participants.

February 25, 2019 / 20:27 IST
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Moneycontrol News

Blockchain Summit India 2019, the first edition of the Vision Blockchain 2030 initiative, highlighted the importance of empowering a blockchain ecosystem in the country and formulation of cryptocurrency regulation of India. The regulation is planned to be implemented by end of financial tenure.

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The summit, which was held at IIM Lucknow Noida Campus over two days, drew representatives and bureaucrats from various ministries.

The ministry of Commerce and Industry also signed an agreement with Government of UAE to learn and leverage blockchain technology in the e-governance of India.