India recently held a conference called “Namaste Web3” to discuss the opportunities and challenges of new technology. The conference attracted politicians, government officials, and representatives from the cryptocurrency industry in India.
This conference is considered a rare opportunity for communication and consultation between the public and private sectors regarding the development and enhancement of the digital environment in India.
Some speakers at the conference emphasized the need for caution regarding cryptocurrencies, and that new technology must find ways to break free from cryptocurrencies and instead focus on the positive possibilities that can be provided.
The conference also discussed tax issues and anti-money laundering efforts that hinder the cryptocurrency industry in India.