Fintech industry bodies ask govt to allow blockchain ecosystem to grow organically
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Last Updated: Feb 18, 2021, 09:04 AM IST
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The government has been in favour of using blockchain as a technology but has been against cryptocurrency, which is the tokenization of the same technology.
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The industry sees the government both as an enabler and a customer for blockchain technology and expects sustained support for the development of the ecosystem in India.
NEW DELHI: The Indian government should resist creating a framework to regulate blockchain for a while, said Global Impact FinTech, a grouping for 200 fintech entrepreneurs, and the Government Blockchain Association, another lobby group.