The Parliamentary Standing Committee on Finance met with the representatives of the crypto industry in Bengaluru on May 6.
According to Coindesk, the Committee also asked industry representatives to present a model for regulation, names of crypto-related companies, and concrete plans to mitigate cross-border terrorism and money laundering.
The company is also readying itself to enter the Web3 space via the ‘Starbucks Web3 Digital Community’.
According to Forbes India, Starbucks plans to enter the NFT arena before the end of 2022.
The price of Bitcoin in the cryptocurrency market fell by 9.51 per cent in the last 24 hours, and it was trading at $35815.05 at 5:30 pm IST.
Samoyedcoin was down by 11.14 per cent, and it was trading at $0.01262, while Dogelon Mars was down by 8.66 per cent, and it was trading at $0.0000008488.