New Delhi, July 31 -- A delegation of Web3 leaders submitted what they called a forward-looking policy proposal to Bhartruhari Mahtab, Chairperson of the Parliamentary Standing Committee on Finance, to support the growth of the Web3 ecosystem in India.

The proposal encourages innovation in decentralised technologies and the expansion of the digital asset economy.

Web3 refers to the next generation of the internet built on decentralised technologies like blockchain, enabling greater transparency, data integrity, and user ownership.

The delegation included Sudhakar Lakshmanaraja (Founder, Digital South Trust), Ramakrishna Venkatesh (Director, Bharat Web3 Association), Vedang Vatsa (Founder, Hashtag Web3), Ankit Anand (AVP, CoinDCX), Jagd...