Despite concerns about possible anti-crypto legislation in the near future Indian cryptocurrency companies run educational programs and professional training courses for those who are interested in cryptocurrencies.
Cryptocurrency exchange CoinDCX announced on September 2nd that it would be integrated An online blockchain certification and training course run by an organization called the Blockchain Council.
As part of the new partnership, two special training and experience courses for cryptocurrency will be offered. These expand CoinDCX’s existing educational platform, “DCX Learn”, and offer students practice sessions through the exchange’s user interface for a simulated trading experience.
New trading and cryptocurrency experience courses complement existing Blockchain Council certifications in blockchain technology, Bitcoin, Ethereum and Hyperledger.
In a statement, Toshendra Sharma, CEO of the Blockchain Council, said the organization’s curricula aim to be “industry-focused and career-focused.”
Sharma believes that partnering with a cryptocurrency exchange will ensure that the training courses offered are “realistic and current” and reflect the latest developments in the field.
According to CoinDCX The greatest demand for cryptocurrency professionals in this field is concentrated in Bengaluru in the southern state of Karnataka.
The educational program expands the engagement of the exchange to raise awareness and expand the introduction of cryptocurrencies in the country. In March, CoinDCX raised $ 1.3 million for a long-term project called TryCrypto.
The initiative aims to introduce 50 million Indian users to the cryptocurrency and blockchain sector.
In the first half of 2020, the exchange completed a Series A round worth $ 3 million with funding from Bain Capital and secured strategic investments of $ 2.5 million from Coinbase and Polychain Capital.
This investment climate and optimism coincided with the lifting of the July 2018 ban on banking with cryptocurrency companies by the Indian Supreme Court in March.
While the repeal sparked a boom in exchanges and user interests, the legal and regulatory climate for cryptocurrencies remains uncertain as authorities are reportedly considering alternative frameworks to restrict trading in digital assets.