CoinSwitch, a cryptocurrency exchange aggregator platform, has appointed R Venkatesh as senior vice president of Public Policy.
Venkatesh will work on policy, regulation, and external affairs to help create a regulatory framework for crypto assets in India, which fosters growth and innovation with consumer protection at the forefront.
He comes with nearly 25 years of experience in policy and government relations spanning diverse industries, including e-commerce, oil and gas, liquor, banking, and tobacco, with complex policy challenges impacting business operations. Most recently, Venkatesh was the head of corporate affairs at MakeMyTrip India Pvt Ltd.
"I am delighted to welcome Venkatesh to the CoinSwitch team. His rich experience across organizations with significant Government interfaces will help accelerate our vision towards building a wealth-tech platform that customers and regulators can trust," said Ashish Singhal, founder and CEO, CoinSwitch.
"I am excited to join CoinSwitch on their mission to make money equal for all, keeping customer protection at the forefront. My top priority is to work closely with the industry and the Government to help create a progressive regulatory framework for this emerging but attractive asset class to support more Indians in their financial journey,” said Venkatesh.
CoinSwitch raised $260 million in Series C funding from Coinbase Ventures and Andreessen Horowitz (a16z) in September 2021 to become India's most valued crypto Unicorn at a valuation of $1.9 billion.