On the morning of February 6, 2023 in Mumbai, India, Christine Parlour, Director of RDI at UC Berkeley and Professor of Finance at the Haas School of Business, Harry Zhou, Partner at Zonff Partners, and Vasu Nigam, Policy Fellow at Bain Capital Crypto, discussed decentralized finance, crypto bankruptcies, compliance and regulatory developments, the central bank CBDC, and other topics with officials from the Reserve Bank of India.

The event was initiated by Zonff Partners, supported by the Deputy Governor of RBI and moderated by Shri Unnikrishnan A, Chief Legal Counsel, RBI. Over 70 officials from RBI's internal FinTech, Payments, Legal and Compliance departments attended the conference and participated in the discussions.

According to Bloomberg data, India has the largest population base of daily cryptocurrency users in the world by December 2022. India is also the second largest country in the "Crypto Adoption Index" out of 154 countries, according to Chainalysis.