In a recent interview, Nischal Shetty, co-founder of WazirX, expressed his belief that India is moving in the right direction with regards to crypto regulations, and emphasized the significance of establishing global standards.
Shetty highlights the need for a global framework for crypto regulations, comparing it to the global nature of the internet.
The finance minister of India expresses a similar view on shaping global regulations for cryptocurrencies.
Shetty acknowledges that achieving a common global framework for crypto regulations may take time due to the coordination required among multiple countries.