Karnataka Signs MoUs with Coinbase, Refroid

The Karnataka government on Wednesday signed two memoranda of understanding (MoUs) one with Coinbase India and another with Refroid Technologies to promote blockchain development, cybersecurity and energy-efficient Al infrastructure in the state. Karnataka’s IT-BT minister Priyank Kharge said, Through these partnerships, we aim to unlock new economic opportunities for our youth, build strong technical capability, and move rapidly toward our vision of making Karnataka a global pioneer in digital innovation. Under the MoU with the digital asset the two will be Platform Coinbase, the state will collaborate on blockchain developer education, statewide early-stage startup support and cybersecurity training.