The board announced a strategy to strengthen liquidity conditions by utilising "swap lines," which involve two central banks exchanging currencies
The emergency measures would enable the acquisition of Credit Suisse by UBS to take place without needing approval from shareholders
The government claims that this move is aimed at protecting the people from the harmful impact of economic sanctions and other potential threats
Seoul introduced a digital version of itself in the metaverse, which was funded by the South Korean government's investment of around $1.6 million
Mr Panda touched on India's growth in the recent years, and how today's India is a key player in the Web3 ecosystem that's shaping major world decisions
The panel comprising government representatives and industry deliberated on different aspects of blockchain, with a focus on building consensus on developing global regulatory standards for virtual digital assets
Mr Chenoy sees huge potential for Web3 in India akin to the adoption of mobile phones worldwide
The first panel at the event discussed all things Web3; including its potential, the problems related to it, as well as what the future holds for Web3 in India
Shri RS Prasad, Former Union Minister and Senior Leader BJP mentioned that digital technology has an inbuilt capacity to encourage entrepreneurship, promote innovation, and provide an essence of fulfilment
Gupta put emphasis on the fact that some of the smartest minds that are working on blockchain are working on building Web3 solutions
Dr. Abhishek Manu Singhvi expressed his views on blockchain tech and how it is poised to fundamentally change market structures