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Indian Crypto Companies to Meet With Lawmakers Next Week: Report

Three exchanges will be among the attendees.

By Jamie Crawley
AccessTimeIconNov 12, 2021 at 11:03 a.m. UTC
Updated May 11, 2023 at 4:29 p.m. UTC
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A number of India’s most prominent crypto firms are set to meet with government officials next week to provide their views on the industry.

  • India’s Parliamentary Standing Committee on Finance has arranged for a meeting on Monday to “hear the views of associations/industry experts on the subject ‘CryptoFinance: Opportunities and Challenges.’ ”
  • It will be the first official meeting between the government and stakeholders in the crypto industry, Business Insider reported on Thursday.
  • Crypto exchanges WazirX, CoinSwitch Kuber and CoinDCX, are reported to be among the invitees. WazirX, which is owned by Binance, the world’s largest crypto exchange by trading volume, confirmed the meeting, while CoinSwitch Kuber and CoinDCX declined to comment.
  • At the start of this year, the Indian government looked set to introduce legislation to outright ban crypto, plans that have since appeared to soften.
  • CoinSwitch Kuber was reportedly in talks with the government over regulation of the industry.

Read more: Crypto Adoption Numbers in India Could Be ‘Exaggerated,’ Says RBI Governor

UPDATE (Nov. 12, 11:02 UTC): Adds comment from CoinSwitch Kuber and CoinDCX in third bullet.


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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Jamie Crawley
Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

Follow @JamieCrawleyCD on Twitter

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