Coinbase legal team meets Indian minister to discuss blockchain push

Key Points

1. Paul Grewal, Coinbase's chief legal officer, met with Karnataka IT Minister Priyank Kharge to explore supporting the state's tech leadership through blockchain.

2. Kharge expressed interest in exploring blockchain technology and discussed Coinbase's developer platform, which simplifies programs and incubation.

3. Coinbase is pushing to expand its services in India, despite previous regulatory challenges, including discontinuing retail services in late 2023.

4. Grewal joined the US-India Business Council (USIBC) global council in February, highlighting the importance of US-India business relations.

5. The meeting occurred as India considers blockchain adoption, with the COINS Act introduced as a non-binding model law for potential future legislation.