Why IAMAI has been “forced” to dissolve Blockchain and Crypto Assets Council
Amid the heightened uncertainties around cryptocurrencies, the Internet and Mobile Association of India (IAMAI) on Thursday announced to dissolve the Blockchain and Crypto Assets Council (Bacc).The association created and nurtured Bacc for four years. The IAMAI said that it was forced to take the decision in light of the fact that a resolution of the regulatory environment for the industry is still very uncertain.Several crypto lending and trading platforms have filed for bankruptcy, laid off employees and frozen…