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Bharat Web3 Association Announces New ‘ABCD’ Initiative Focussed on Web3 Security
BWA announced the launch of the Alliance for Blockchain and Crypto Defence (ABCD) on Monday. As part of the initiative, BWA will put together resources and programmes around newer technologies and methods that can help safeguard the Web3 landscape against hackers and vulnerabilities.
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Bharat Web3 Association Signs Pro-Web3 MoUs with Australia, Indonesia: All Details
On Wednesday, September 25, the Bharat Web3 Association (BWA) signed Memoranda of Understanding (MoUs) with Australia and Indonesia. These agreements pave the way for collaboration between India, Australia, and Indonesia in key Web3 areas such as research, education, and advocacy.
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Crypto Stakeholders Prepared to Participate in Government's Discussion Paper on Crypto Policy Stance
Crypto stakeholders, including Bharat Web Association, are preparing to discuss a comprehensive policy framework to govern crypto. This paper is expected to be released before September.
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BWA Anticipates Tax Revisions Before Union Budget, Commends Indian Firms Embracing Web3
Ahead of India’s upcoming Union Budget for FY2024-2025, Dilip Chenoy, the chairperson of this Web3 advisory body, said that the industry is ready to be patient and give the government enough time to access the results of imposing crypto taxes. This period of wait however, has concerned the BWA about the exodus of Web3 talent from India.
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‘Provide a Level Playing Field for Web3 Businesses’: BWA to FM Nirmala Sitharaman
The Bharat Web3 Association (BWA) has urged FM Nirmala Sitharaman to provide a level playing ground for Web3 startups and businesses to thrive in. The BWA said it is of high importance that Web3 platforms get access to the provision of banking services. The advisory body has further urged the government to encourage investment and growth in the Web...
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Bharat Web3 Association Calls for Teamwork in Building Ironclad Anti-Money Laundering Laws
The Bharat Web3 Association (BWA) recently hosted its first ever training and awareness workshop on the Prevention of Money Laundering Act (PMLA). The aim of this meeting was to open dialogues on the steps that could prevent the misuse of cryptocurrencies for unlawful activities like money laundering and terror financing.
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Inclusion Into Startup Initiatives, Risk Mitigating Policies: BWA Lists Web3 Needs for Upcoming Government
The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...
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BWA Lays Down Self-Regulatory Guidelines on Token Listings for Indian Crypto Exchanges
The Bharat Web3 Association (BWA) has laid down some rules for service providers in the crypto sector to adhere to. The self-regulatory guidelines are based on the PEC framework, that focusses on investor protection, market efficiency as well as credibility and safeguards.
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Bharat Web3 Association Teams Up With Japan's JADA to Boost Sector Growth
India’s Bharat Web3 Association (BWA) has struck a partnership deal with the Japan ANICANA Dealers Association (JADA) will now work together to foray deeper into Web3-related research and development.
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India’s Diverse Bazaars to Democratise with Metaverse, Says BWA Chief; Hails Reliance and Nykaa
Dilip Chenoy, the chief of the Bharat Web3 Association (BWA) has predicted better, in fact glowing days for India’s retail industry with metaverse technology now seeping-into the nation’s tech sector.
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Bharat Web3 Association Signs MoU with Maharashtra State Skills University to Grow Ecosystem
India’s crypto-focussed group of industry players called the Bharat Web3 Association (BWA) has signed an MoU with the Maharashtra State Skills University (MSSU). Moving forward, both parties involved will engage in initiatives around skill enhancement, education, and research in the Web3 arena while making young Indians ready to be employed in th...
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Bharat Web3 Association Notes India’s Interest in DeFi as Country Posts G20 Presidency Note on Crypto
India is among the fastest global adopters of DeFi, Dilip Chenoy, the chief of India's crypto advocay group, Bharat Web3 Association told Gadgets 360. Chinoy said, Web3 elements like asset tokenisation and the eRupee CBDC are likely to make Indians more comfortable with dabbling in the Web3 sector via real estate, art, supply chain, and gaming amon...
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Web3, Crypto Advocacy Groups From India and Singapore Sign MoU, Will Work on Growth of Sector
Bharat Web3 Association (BWA) and the Blockchain Association Singapore (BAS) have signed a Memorandum of Understanding (MoU) to foster the growth of the Web3 sector. Both India and Singapore are developing economies that are taking a calculated approach towards opening their economies to Web3 and crypto sectors.
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Telangana Government Onboards Digital Wallet Liminal on Web3-Focussed Advisory Panel: Details
Liminal, a digital wallet service provider, has joined forces with the Telangana government to nurture promising Web3 projects budding in the state. Telangana’s Web3 regulatory sandbox plans to help startups with management guidance, technical support, and business strategy for creating a sustainable business model.
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India Being Urged to Restore UPI Access for Users of Crypto Exchanges: Report
The financial authorities of India have received multiple proposals, urging them to allow the integration of UPI with crypto transactions. The initiative is being spearheaded by India’s crypto advocacy group, the Bharat Web3 Association (BWA).
-
Bharat Web3 Association Announces New ‘ABCD’ Initiative Focussed on Web3 Security
BWA announced the launch of the Alliance for Blockchain and Crypto Defence (ABCD) on Monday. As part of the initiative, BWA will put together resources and programmes around newer technologies and methods that can help safeguard the Web3 landscape against hackers and vulnerabilities.
-
Bharat Web3 Association Signs Pro-Web3 MoUs with Australia, Indonesia: All Details
On Wednesday, September 25, the Bharat Web3 Association (BWA) signed Memoranda of Understanding (MoUs) with Australia and Indonesia. These agreements pave the way for collaboration between India, Australia, and Indonesia in key Web3 areas such as research, education, and advocacy.
-
Crypto Stakeholders Prepared to Participate in Government's Discussion Paper on Crypto Policy Stance
Crypto stakeholders, including Bharat Web Association, are preparing to discuss a comprehensive policy framework to govern crypto. This paper is expected to be released before September.
-
BWA Anticipates Tax Revisions Before Union Budget, Commends Indian Firms Embracing Web3
Ahead of India’s upcoming Union Budget for FY2024-2025, Dilip Chenoy, the chairperson of this Web3 advisory body, said that the industry is ready to be patient and give the government enough time to access the results of imposing crypto taxes. This period of wait however, has concerned the BWA about the exodus of Web3 talent from India.
-
‘Provide a Level Playing Field for Web3 Businesses’: BWA to FM Nirmala Sitharaman
The Bharat Web3 Association (BWA) has urged FM Nirmala Sitharaman to provide a level playing ground for Web3 startups and businesses to thrive in. The BWA said it is of high importance that Web3 platforms get access to the provision of banking services. The advisory body has further urged the government to encourage investment and growth in the Web...
-
Bharat Web3 Association Calls for Teamwork in Building Ironclad Anti-Money Laundering Laws
The Bharat Web3 Association (BWA) recently hosted its first ever training and awareness workshop on the Prevention of Money Laundering Act (PMLA). The aim of this meeting was to open dialogues on the steps that could prevent the misuse of cryptocurrencies for unlawful activities like money laundering and terror financing.
-
Inclusion Into Startup Initiatives, Risk Mitigating Policies: BWA Lists Web3 Needs for Upcoming Government
The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...
-
BWA Lays Down Self-Regulatory Guidelines on Token Listings for Indian Crypto Exchanges
The Bharat Web3 Association (BWA) has laid down some rules for service providers in the crypto sector to adhere to. The self-regulatory guidelines are based on the PEC framework, that focusses on investor protection, market efficiency as well as credibility and safeguards.
-
Bharat Web3 Association Teams Up With Japan's JADA to Boost Sector Growth
India’s Bharat Web3 Association (BWA) has struck a partnership deal with the Japan ANICANA Dealers Association (JADA) will now work together to foray deeper into Web3-related research and development.
-
India’s Diverse Bazaars to Democratise with Metaverse, Says BWA Chief; Hails Reliance and Nykaa
Dilip Chenoy, the chief of the Bharat Web3 Association (BWA) has predicted better, in fact glowing days for India’s retail industry with metaverse technology now seeping-into the nation’s tech sector.
-
Bharat Web3 Association Signs MoU with Maharashtra State Skills University to Grow Ecosystem
India’s crypto-focussed group of industry players called the Bharat Web3 Association (BWA) has signed an MoU with the Maharashtra State Skills University (MSSU). Moving forward, both parties involved will engage in initiatives around skill enhancement, education, and research in the Web3 arena while making young Indians ready to be employed in th...
-
Bharat Web3 Association Notes India’s Interest in DeFi as Country Posts G20 Presidency Note on Crypto
India is among the fastest global adopters of DeFi, Dilip Chenoy, the chief of India's crypto advocay group, Bharat Web3 Association told Gadgets 360. Chinoy said, Web3 elements like asset tokenisation and the eRupee CBDC are likely to make Indians more comfortable with dabbling in the Web3 sector via real estate, art, supply chain, and gaming amon...
-
Web3, Crypto Advocacy Groups From India and Singapore Sign MoU, Will Work on Growth of Sector
Bharat Web3 Association (BWA) and the Blockchain Association Singapore (BAS) have signed a Memorandum of Understanding (MoU) to foster the growth of the Web3 sector. Both India and Singapore are developing economies that are taking a calculated approach towards opening their economies to Web3 and crypto sectors.
-
Telangana Government Onboards Digital Wallet Liminal on Web3-Focussed Advisory Panel: Details
Liminal, a digital wallet service provider, has joined forces with the Telangana government to nurture promising Web3 projects budding in the state. Telangana’s Web3 regulatory sandbox plans to help startups with management guidance, technical support, and business strategy for creating a sustainable business model.
-
India Being Urged to Restore UPI Access for Users of Crypto Exchanges: Report
The financial authorities of India have received multiple proposals, urging them to allow the integration of UPI with crypto transactions. The initiative is being spearheaded by India’s crypto advocacy group, the Bharat Web3 Association (BWA).
