‘Regulatory framework for digital wallet companies and a single window clearance’ – Mahin Gupta, Founder of Liminal, a digital wallet infrastructure platform

“The Indian government took its first step towards regularising crypto by introducing a formal tax regime for digital assets. The formal tax structure gives institutional investors much-needed clarity and direction to look at digital assets as an alternate asset class. Today, India has an estimated 15 million cryptocurrency users. It is also home to 11% of the global Web3.0 talents, employing nearly 75,000 blockchain professionals with 450+ Web3.0 and blockchain startups operating out of India. These figures alone signify the budding web3 ecosystem in India. The Indian IT ecosystem is perfectly positioned to build the web3 and blockchain economy of…