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.
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DaoResearcher
· 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.
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CantAffordPancake
· 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.
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rekt_but_vibing
· 12-05 08:55
India has finally figured it out, now it’s really about to take off
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Karnataka’s move is honestly smart, much better than outright bans in some places
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Wait, are they really planning to support rather than suppress? Hard to believe
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Compliance plus innovation, that’s the right way to go
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If other places follow suit, that would be awesome. India’s Web3 turnaround is set
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Sounds good, but the key is whether it can actually be implemented
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Incubation programs? Here we go, builders finally have a stage
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ColdWalletAnxiety
· 12-05 08:54
India has finally come to its senses, and this time it's serious.
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potentially_notable
· 12-05 08:54
Karnataka's move this time is truly brilliant; finally, a government has come to its senses.
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WhaleStalker
· 12-05 08:43
India has finally figured this move out; the Bitcoin community has been waiting for this moment for a long time.
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WhaleShadow
· 12-05 08:40
India has finally figured it out: regulation and innovation are not mortal enemies.
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MergeConflict
· 12-05 08:40
India has finally figured it out—building good relationships is better than imposing pointless regulations.
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GasFeeWhisperer
· 12-05 08:31
No way, is India really getting serious this time? I thought it was just verbal support again.
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.