On Saturday, India’s crypto industry pulled off a near coup by bringing lawmakers and members of India’s ruling party to a conference discussing Web3.

Indian exchange CoinDCX, backed by the industry’s policy body, Bharat Web3, and media outlet Forbes brought lawmakers to an event titled “Namaste Web3” at one of New Delhi’s five star luxury hotels, to discuss India’s G-20 presidency and potential opportunities for India in the Web3 sector.

The conference managed to bring senior leaders from India’s ruling party – National Vice President Baijayant Panda and former Law Minister Ravi Shankar Prasad to an event. From the opposition benches it brought a chairperson of the parliamentary standing committee on commerce and a deputy leader of the parliament’s lower house.

While lawmakers and government officials have privately had wide ranging consultations with the industry, this was a rare occasion where they’ve publicly shown up lending the space a fresh legitimacy.

(By Amitoj Singh)