India, Feb. 19 -- Ahead of a speculated cryptocurrency ban in the country, crypto entrepreneurs and founders have joined forces to form a lobbying group called 'Association for Blockchain & Crypto and digital asset Entrepreneurs.' With this, the crypto players are trying to convenience the government against making any moves that would hamper the growth of the industry.

Jagdish Pandya, the chairman of BlockOn Group told ET that the Indian government, regulators and policymakers' knowledge related to the crypto market is poor and unclear, and this lobby group has been set up to get the industry together.

Sidharth Sogani, CEO at blockchain-focused research firm Crebaco, believes that crypto and blockchain has the potential to create globa...