Binance will start supporting the development of cryptocurrency startups in India

Binance has announced a partnership with the Internet Cryptocurrency Exchange Committee and the Mobile Association of India (IAMAI) – The company has told about it On its Twitter’s blog,

Partnership within the committee will help introduce international practices. Their implementation will accelerate the development of cryptocurrency exchanges and enterprises in India.

IAMAI intends to collaborate with regulators and policy makers on sustainable crypto asset policies in India. These measures will support innovation and ensure adequate risk management and security measures.

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The head of the cryptocurrency exchange Changpeng Zhao said that Binance will continue to support the development of cryptocurrency startups in India through its Blockchain for India foundation. Recall that the government of India recently decided to introduce a ban on cryptocurrencies.

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