India's Karnataka state just locked in a partnership deal with a major compliance-focused crypto platform to accelerate blockchain innovation. The collaboration targets on-chain development support, incubation programs for Web3 startups, and enhanced cybersecurity infrastructure.



This move marks a turning point—government bodies are actively partnering with crypto institutions to build regulatory frameworks that attract builders rather than push them away. If more states follow this model, India could flip the script from restrictive policies to becoming a serious contender in the global Web3 race.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
DaoResearchervip
· 1h ago
According to the white paper, this move by India is actually an excellent case of governance incentive compatibility. The dual-layer structure of government plus compliant platforms can effectively reduce information asymmetry from a game theory perspective. If the assumption holds, this is an order of magnitude smarter than a purely regulatory framework.
View OriginalReply0
CantAffordPancakevip
· 12-05 17:39
Oh wow, India’s move this time is pretty impressive—they finally figured it out. Feels like the global policy game is about to get reshuffled. Karnataka really nailed it this time. Is India about to rise? Let’s wait and see. At this rate, compliance is actually becoming a hot commodity. But the key is still how well they execute going forward. Finally, there’s a government thinking about embracing instead of cracking down.
View OriginalReply0
rekt_but_vibingvip
· 12-05 08:55
India has finally figured it out, now it’s really about to take off --- Karnataka’s move is honestly smart, much better than outright bans in some places --- Wait, are they really planning to support rather than suppress? Hard to believe --- Compliance plus innovation, that’s the right way to go --- If other places follow suit, that would be awesome. India’s Web3 turnaround is set --- Sounds good, but the key is whether it can actually be implemented --- Incubation programs? Here we go, builders finally have a stage
View OriginalReply0
ColdWalletAnxietyvip
· 12-05 08:54
India has finally come to its senses, and this time it's serious.
View OriginalReply0
potentially_notablevip
· 12-05 08:54
Karnataka's move this time is truly brilliant; finally, a government has come to its senses.
View OriginalReply0
WhaleStalkervip
· 12-05 08:43
India has finally figured this move out; the Bitcoin community has been waiting for this moment for a long time.
View OriginalReply0
WhaleShadowvip
· 12-05 08:40
India has finally figured it out: regulation and innovation are not mortal enemies.
View OriginalReply0
MergeConflictvip
· 12-05 08:40
India has finally figured it out—building good relationships is better than imposing pointless regulations.
View OriginalReply0
GasFeeWhisperervip
· 12-05 08:31
No way, is India really getting serious this time? I thought it was just verbal support again.
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)