Sep 2, 2020 13:22 UTC
Sep 2, 2020 at 13:22 UTC
Indian Exchange CoinDCX Strengthens Crypto Educational Program
Even with concerns about possible anti-crypto legislation soon, Indian crypto firms are rolling out educational programs & professional training for the crypto-curious. Cryptocurrency exchange CoinDCX announced on September 2 that it would be assimilated into an online training & blockchain certifications course run by an association called Blockchain Council.
The 2-specialized courses in cryptocurrency training & expertise will be offered through the new partnership. These will outspread CoinDCX’s existing educational platform, “DCX Learn,” & will offer trainees practice sessions using the exchange’s interface for simulated trading experience.
The new trading & cryptocurrency expertise courses will complement the Blockchain Council’s existing certifications in blockchain technology, Bitcoin, Ethereum, & Hyperledger. In an announcement, Blockchain Council’s executive director, Toshendra Sharma, held that the organization’s curricula goal to be “industry-oriented & career focussed.”
Sharma has faith in that the partnership with a cryptocurrency exchange will guarantee that the training on offer is “realistic & up-to-date” with the latest developments in the field. Conferring to CoinDCX, the peak demand for experts in the cryptocurrency in the field is concerted in Bengaluru, Karnataka.
The edifying program spreads the exchange’s commitment to heightening awareness & broadening the adoption of cryptocurrencies in the country; in March, CoinDCX had assigned $1.3M to a long-term project dubbed TryCrypto. The initiative’s goal is to introduce 50M Indian operators to the cryptocurrency & blockchain sector.
In the primary half of 2020, the exchange had closed a $3 million Series A round with funding from Bain Capital, as well as securing $2.5 million in strategic investment from Coinbase & Polychain Capital. This climate of investment & optimism tallies with the Indian Supreme Court repeal of a ban on banks’ dealings with crypto firms this March, which had been in force since July 2018. While the repeal sparked a boom in exchanges & user interest, the crypto regulatory & legal climate remains uncertain, as authorities supposedly mull substitute contexts to restrict the trading of digital assets.