Venture capital fund Hashed Emergent is hosting the first-ever India Blockchain Week (IBW) in Bangalore from December 4-10, 2023. The multi-chain Web3 conference aims to highlight India's growing role in the cryptocurrency industry. The event will feature panel discussions, speaker sessions, debates, hackathons, and parties, addressing cryptocurrency adoption, use cases, regulations, and the emerging Web3 field in India.

Indians are increasingly interested in cryptocurrency, and investments in Bitcoin and other cryptocurrencies have spiked during the COVID-19 pandemic. A Statista report predicts that India's crypto community could reach over 156 million members by the end of 2023. Some leading crypto companies, such as Gemini, have expanded their presence in the country, reflecting India's potential as a tech innovation hub.