Press Release

Bharat Web3 Association and European Crypto Initiative Sign Memorandum of Understanding for Potential Partnership

The Bharat Web3 Association (BWA) and the European Crypto Initiative (EUCI) are pleased to announce the signing of a Memorandum of Understanding (MoU) to explore potential collaborative opportunities in the field of Web3 technologies.

BWA and EUCI will collectively work on various initiatives, including participation in Web3-related advocacy or educational conferences, expos, and workshops. The two organizations also plan to collaborate on thought leadership, reports, and best practices sharing to further enhance the development and adoption of Web3 technologies.

Both BWA and EUCI look forward to the opportunity to formalize their collaboration and bring their shared vision to fruition. The collaboration has the potential to drive innovation and foster growth within the Web3 ecosystem.

About Bharat Web3 Association

Bharat Web3 Association is a collaboration of leading Web3 technology companies with the aim of leveraging blockchain and scalable technologies to accelerate growth and transformation in India. The Association’s mission is to help India realise its vision of being a leading digital economy. They advocate for the collaboration between the regulatory bodies and the industry for creating awareness about the new age technology and the emerging asset class. The Association takes its cues from global case studies on Web3 technology use cases, its acceptance, and its diverse benefits.

About European Crypto Initiative

The European Crypto Initiative aims to shape EU regulation to favour open, permissionless, decentralised applications leveraging blockchain technology while advocating for an innovative EU environment, supporting technological development for SMEs and innovative Crypto Assets Service Providers.

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