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Home Cryptocurrency

India Could Be The Next Cryptocurrency Hub

Rate Captain by Rate Captain
October 4, 2021
in Cryptocurrency
Reading Time: 2 mins read
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Coinbase Chief Product Officer (CPO) — Surojit Chatterjee, opened up in a rather candid interview where he spoke about his role at Coinbase and his journey as a product manager. The major highlight was his take on the government regulations on crypto.

To him, the crypto industry is still at an infant stage, hence, there are lots of things to build to make people’s lives better. Furthermore, in conversation at the India Internet Day, Surojit tells Gautam Gandhi, Partner at RG Advisors:

On Indian crypto regulation, he specified that if India puts the right regulations in place it will help the crypto industry grow. To add on, he also stated that if India champions innovation and entrepreneurship in digital finance and crypto, then, the country could be the next global financial hub.

Additionally, Surojit feels that decentralized finance is creating things that are disrupting traditional finance and offering lots of opportunities. In this regard, he advised young entrepreneurs

In February 2020, Surojit made a move to the biggest US crypto exchange — Coinbase. Unbeknownst to him, it was going to be a life-changing experience. Within 15 months, he amassed over $646 million in wealth.

Further, Surojit’s Coinbase stake rose to $180.8 million in just its first day of trading on Nasdaq on April 14, 2021. Remarkably, in the next five years, he obtained share options. The share is presently worth about $465.5 million, according to Bloomberg.

Surojit says his idea of changing his life was through education. Thus, he attended the Indian Institute of Technology (IIT) Kharagpur (B.Tech Computer Science). He also proceeded to University at Buffalo (MS). Later, he went on to get an MBA at the MIT Sloan School of Management.

All in all, his career spans the areas of engineering and product domains. In particular, he worked with Oracle, Google, and Flipkart.

 

 

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