Yesterday, world’s largest Cryptocurrency Exchange, Binance made an announcement via its Twitter handle that Binance’s 2nd meetup in India will be hosted in Mumbai.

Binance is slowly spreading its wings in India by educating and talking about Cryptocurrency industry. It appears as though Binance knows if digital currency becomes legal in India, various doors will be open for its operations and hence, it is making Binance known to everybody.

All you need to know about the meetup

After organizing an event in New Delhi on 24th Nov, next meet up is on 16th Dec in Mumbai, or I can say in Aamchi Mumbai. The event will start at 2 pm and end at 5 pm.

Interested people can join the event by registering a seat for themselves just by filling up a form with all the mandatory details.

Meetup registration form clearly indicates that there are limited seats available and registered people agrees that their event images can be used on Binance channels.

According to the information is given on Binance India Facebook Page, the venue for the event is scheduled at CoWrks which is one of the largest co-working space providers in India.

The date and full address for the meetup is given below:

Date: 16th December, 2018 

2nd Floor, CoWrks, Birla Centurion, Century Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra 400030 

Further details will be updated on Binance India Facebook page and Binance Telegram channel.

Cryptocurrency battle with Lawmakers in India

We all know that Cryptocurrency regulations in India are still under question. During a budget speech in February, India’s Finance Minister, Mr. Arun Jaitley stated that the “government didn’t recognize cryptocurrency as legal tender.” That announcement was wrongly deciphered that the cryptocurrency is illegal in India.

In August, India announced that the cryptocurrency regulations likely to be introduced by the end of this year, i.e. in December.

And now, after a months of debate, government panel which was headed by Secretary of the Department of Economic Affairs (DEA), Subhash Chandra Garg; has submitted the final report to Finance Minister, Arun Jaitley. According to the sources, the panel has suggested that all cryptocurrency should be banned and any type of crypto dealing should be treated as illegal.

Well, this news has not been confirmed by any government official. Only the time will tell, what will be the future of cryptocurrency in India.

Blockmanity’s Take

Binance is trying to promote crypto adoption around the world through its Global Meetup Campaign – BinanceIsGlobal, and it will be interesting to know the future plans of Binance (if discussed) along with several other conversations and debates.