Coinbase Collaborates With India Telangana State To Investigate The Web3 Regulatory Sandbox

Coinbase will assist Telangana Web 3.0 entrepreneurs through capacity-building seminars, mentorship programs, and promotion of initiatives.

Coinbase Inc. will also collaborate with the State Government on the development of the Web 3.0 Regulatory Sandbox. The Telangana government has agreed to collaborate with this platform to establish a robust Web 3.0 community in the state.

Coinbase will assist Telangana’s Web 3.0 entrepreneurs through capacity-building sessions, mentorship programs, and promotion of initiatives carried out in collaboration with Telangana’s innovation ecosystem partners. It will also give knowledge support and serve as a technical advisor for the government’s Web 3.0 efforts. The platform will also assist the State Government in developing the Web 3.0 Regulatory Sandbox, which will assist organizations working in various Web 3.0 technologies in addressing regulatory challenges.

“The State Government is using the Triple Helix Model for innovation, which is based on collaboration between industry, academia, and government,” said Katie Mitchell, Director of (Asia Pacific) at Coinbase.

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