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Karnataka’s Blockchain Policy Accelerates AI and Crypto Growth in India

Karnataka’s Blockchain Policy Accelerates AI and Crypto Growth in India

Author:

Global Cryptocurrency

Published:

2025-11-07 10:44:02

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BTCCSquare news:

Karnataka's Cabinet has approved the Startup and Innovation Policy 2025-2030, allocating ₹518.27 crore to foster 25,000 startups in emerging tech sectors. The policy targets global leadership in AI, Blockchain, and Quantum Computing, reinforcing the state's position as India's tech hub.

Funding initiatives include grants for early-stage ventures, district-wide incubation infrastructure, and skill development programs. The MOVE aligns with India's National Blockchain Framework, emphasizing governance and digital identity applications.

This development coincides with growing judicial recognition of cryptocurrencies. The Madras High Court's 2025 ruling classified crypto as legal property, offering asset protection under Indian law. While national regulations remain pending, these advancements signal India's gradual embrace of digital assets.

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