An industry advocacy body for crypto and Web3 in India, had urged the Indian government to take action against nine offshore exchanges, prompting the government to issue show cause notices and block URLs recently. According to CoinDesk, the publication has seen a copy of a letter that was sent in mid-December by the Bharat Web3 Association (BWA), addressed to the Indian Finance Ministry’s Department of Revenue Secretary, Sanjay Malhotra. The letter was penned by BWA Chairman Dilip Chenoy. Chenoy has been in the role since March of last year having a number of years of leadership experience within Indian industry bodies under his belt.
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