Gaming firms recommend self-declaration mechanism, graded KYC to MeitY

The ministry is also expected to release some guidelines to prevent a conflict of interest for the board of SRO soon

The stakeholders of the gaming industry recommended a self-declaration mechanism for registration and a graded approach to KYC in a meeting with the IT ministry on Tuesday, industry sources told Business Standard.

"The industry largely stated that powers given to the self-regulatory body will lead to significant delays to the launch of new games," an official aware of the development said.

The ministry is also expected to release some guidelines to prevent a conflict of interest for the board of SRO.

The developments were confirmed by companies.

"We suggested a simple process of registration that relies