Indian MP Dr K Laxman Calls for Clear Crypto and Web3 Regulations
Amid concerns over innovation drain, Member of Parliament Dr K Laxman urges the Indian government to establish transparent rules for cryptocurrency and Web3 (decentralized internet) sectors.
Summary
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Terms & Concepts
Web3: A vision of a decentralized internet built on blockchain (distributed ledger technology).
Cryptocurrency: A digital currency that uses cryptography for secure transactions and operates on blockchain technology.