Cryptocurrency venture capital firm Zonff Partners initiates regulatory dialogue with the Reserve Bank of India

2023-02-07 12:53:44

Collection

ChainCatcher news, Mumbai time February 6, 2023, University of California, Berkeley RDI Director, Haas School of Business Finance Professor Christine Parlour, Zonff Partners Partner Harry Zhou, Bain Capital Crypto Policy Researcher Vasu Nigam, and others engaged in discussions with officials from the Reserve Bank of India on topics such as decentralized finance, bankruptcy events in the crypto industry, compliance and regulatory developments, and central bank digital currencies (CBDC).

It is reported that this event was initiated by Zonff Partners, approved and supported by the Deputy Governor of the Reserve Bank of India, and chaired by the Chief Legal Counsel of the Reserve Bank of India, Shri Unnikrishnan A. More than 70 officials from various departments within the Reserve Bank of India, including fintech, payment systems, legal, compliance, and inspection, attended the meeting and participated in the discussions.

Bloomberg data from December 2022 shows that India has the largest population of daily cryptocurrency users in the world. At the same time, India ranks second in the "crypto adoption index" among 154 countries surveyed by Chainalysis.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.