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As the global crypto asset market progresses, India finds itself at a pivotal juncture. Theres an opportunity to chart a course that delicately balances innovation in this nascent but super exciting sector, together with risk management, while drawing invaluable insights from the regulatory experiences of other nations.
Although Web3 interest slowed significantly in 2023, some recent developments indicate that Asia might not be done with the technology yet.
India now has a thriving Web3 ecosystem with over 1,000 startups in the space, a report published by Hashed Emergent on Tuesday showed. Bengaluru, renowned as…
India's thriving web3 sector with 1,000+ startups and 12% global web3 developers sees increased funding in key subsectors and active government involvement in blockchain initiatives, positioning the country as a leader in web3 development and adoption.
The country’s share of Blockchain developers globally increased from 3 per cent in 2018 to 12 per cent last year, reaching highest share among the emerging markets, according to the report by Hashed Emergent, a Web3 venture capital firm. �� India Now Has One of Largest Web3 Ecosystems in World With Over 1,000 Startups and 35 Million Traders: Report.