Cryptocurrency India Weekly

Crypto Dost
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  • BUSINESS
  • UPDATED WEEKLY

Cryptocurrency India Weekly covers the top weekly news from the cryptocurrency space relevant to the Indian audiences.

  1. 28/05/2022

    No Legal Challenge Against RBI for now even as the Central Bank Continues Outlash Against Crypto

    Here are the top cryptocurrency news headlines from India this week: India’s crypto policy body does not plan legal challenge against RBI: https://www.coindesk.com/policy/2022/05/26/after-armstrong-tweet-indias-crypto-policy-body-says-no-contempt-of-court-challenge-vs-rbi/ ; New Finder’s report ranks India at number 1 for crypto adoption: https://www.outlookindia.com/business/india-tops-list-of-27-nations-surveyed-for-crypto-ownership-says-report-news-198943 ; RBI governor once again lashes out against crypto: https://www.news18.com/news/business/cryptocurrency/cryptocurrency-has-no-underlying-value-our-stance-clear-says-rbi-guv-know-more-5228755.html ; RBI proposes a graded approach for its CBDC: https://inc42.com/buzz/rbi-proposes-adopting-a-graded-approach-in-introducing-cbdc/ ; Cryptocurrencies a key focus at the World Economic Forum in Davos: https://www.ndtv.com/business/get-your-crypto-house-in-order-world-economic-forums-old-guard-tells-davos-debutantes-3014151 ; Binance APAC head calls for a better regulatory framework: https://inc42.com/buzz/binances-apac-head-calls-for-clear-regulatory-framework-in-india-to-attract-crypto-investments/ ; "Will Walk Cautiously Until Indian Govt Comes To Its Senses": Tim Draper On Investment Plans In Crypto Space: https://inc42.com/features/will-walk-cautiously-until-indian-govt-comes-to-its-senses-tim-draper-on-investment-plans-in-crypto-space/ ; CoinTracker enters India to help with tax compliance: https://inc42.com/buzz/crypto-platform-cointracker-enters-indian-market-to-help-with-tax-compliance/ ; Blockchain startup STAN raises $2.5 million: https://www.ndtv.com/business/blockchain-based-startup-stan-raises-2-5-million-3007214 ; Gather Network to launch its first commercial establishment in India: https://www.financialexpress.com/digital-currency/blockchain-based-gather-network-to-launch-its-first-commercial-establishment-in-india/2538326 ; CoinDCX launches ‘Earn’ feature that pays interest on crypto assets: https://www.livemint.com/companies/start-ups/coindcx-launches-earn-feature-that-pays-interest-on-crypto-assets-11653543660260.html ; Major Indian exchanges announce support for the Terra Network Airdrop and Migration plan; WazirX listed the Manchester City Fan Token (CITY) in its USDT market; Bitbns launches a crypto basics course on Unacademy;

    7 min

  2. 22/05/2022

    International Crypto Platforms May Be Brought Under GST Ambit + RBI Warns that Crypto Could Lead to Dollarisation of Indian Economy

    Here are the top cryptocurrency news headlines from India this week; International crypto platforms may also be brought under GST ambit: https://www.fortuneindia.com/macro/govt-to-bring-foreign-crypto-platforms-under-gst/108274 ; RBI launches new offensive against crypto saying it could lead to dollarisation of Indian economy: https://timesofindia.indiatimes.com/business/cryptocurrency/blockchain/rbi-warns-crypto-can-lead-to-dollarisation-of-economy/articleshow/91672891.cms ; SEBI suggests celebrities should not endorse crypto: https://www.thehindubusinessline.com/money-and-banking/cryptocurrency/sebi-calls-for-no-celebrity-endorsement-of-cryptos/article65416520.ece ; Indian exchanges face valuation reality check amidst adverse markets: https://www.timesnownews.com/cryptonow/indian-crypto-exchanges-face-valuation-reality-check-amid-tougher-market-conditions-article-91683502 ; BitMEX enters the Indian market: https://economictimes.indiatimes.com/tech/technology/cryptocurrency-exchange-bitmex-launches-spot-trading-in-india/articleshow/91601317.cms ; Poloniex looking to expand in India: https://blockmanity.com/press-release-2/poloniex-looking-to-expand-in-india-collaborates-with-polygon-to-foster-web3-adoption/ ; Binance seeking an ideal point for India launch: https://www.coindesk.com/policy/2022/05/18/binance-seeking-ideal-point-for-india-launch/ ; TCS engages Tata group companies to deploy metaverse solutions: https://economictimes.indiatimes.com/tech/information-tech/tcs-engages-tata-group-companies-to-deploy-metaverse-solutions/articleshow/91580320.cms ; Eros Investments partners with Dubai’s crypto regulator: https://www.ndtv.com/business/indias-lulla-family-run-eros-investments-partners-with-dubais-crypto-regulator-2977159 ; Comic Con India enters the metaverse: https://www.financialexpress.com/digital-currency/now-comic-con-india-enters-the-metaverse/2530123/ ; WazirX releases the second edition of ‘Transparency Report’: https://wazirx.com/blog/over-95-of-crypto-associated-frauds-are-based-outside-the-blockchain-ecosystem-2nd-edition-of-wazirx-transparency-report/ ; CoinDCX has listed Klaytn (KLAY) on its platform.

    6 min

  3. 15/05/2022

    GST on Crypto - Does the Indian Government Want to Kill the Golden Goose?

    Here are the top cryptocurrency news headlines from India this week: Cryptocurrencies likely to attract 28% GST: https://www.cnbctv18.com/cryptocurrency/cryptocurrencies-may-soon-attract-28-gst-like-betting-and-casinos-in-india-13418192.htm ; Critics call govt’s move to levy 28% GST on crypto ‘demonic: https://inc42.com/buzz/critics-call-govts-move-to-levy-28-gst-on-crypto-demonic/ ; Trading volumes on Indian exchanges rise amidst crashing crypto prices: https://economictimes.indiatimes.com/tech/technology/volumes-on-indian-crypto-exchanges-jump-as-bitcoin-crashes/articleshow/91493699.cms ; Crypto rout sends portfolios of most new investors in red: https://economictimes.indiatimes.com/tech/technology/trading-volumes-jump-in-india-as-bitcoin-crashes-to-30000/articleshow/91476472.cms ; Indian exchanges and investors in a tizzy after LUNA’s dramatic collapse: https://economictimes.indiatimes.com/markets/cryptocurrency/indian-exchanges-delist-luna-after-100-crash-in-token/articleshow/91540765.cms ; Crypto exchanges want clarity on TDS liability if they move operations outside India: https://economictimes.indiatimes.com/tech/technology/cryptocurrency-exchanges-want-clarity-on-tds-liability-if-they-move-operations-overseas/articleshow/91523701.cms ; Coinbase CEO says firm halted services due to informal RBI pressure: https://www.cnbctv18.com/cryptocurrency/coinbase-ceo-says-exited-india-crypto-market-in-three-days-due-to-informal-pressure-from-rbi-but-will-return-13446072.htm ; Sonam Kapoor invests in a metaverse gaming platform: https://inc42.com/buzz/sonam-kapoor-invests-in-gaming-startup-irreverent-labs-metaverse-platform-mechafightclub/ ; CoinDCX has launched its venture investment arm CoinDCX Ventures: https://inc42.com/buzz/crypto-unicorn-coindcx-launches-investment-arm-to-deploy-inr-100-cr-in-web3-ecosystem/ ; CoinSwitch Kuber lists Ethereum Name Service (ENS) and Chiliz (CHZ); WazirX lists League of Kingdoms (LOKA), BarnBridge (BOND) and Measurable Data Token (MDT) in its USDT market.

    5 min

  4. 08/05/2022

    Finance Ministry Meets Crypto Industry+DeFi Comes Under the Tax Department's Scrutiny

    Here are the top cryptocurrency news headlines from India this week: Finance Ministry meets crypto industry: https://www.coindesk.com/policy/2022/05/05/indias-parliamentary-finance-body-chides-crypto-industry-in-meeting-sources/ ; DeFi comes under tax department’s scrutiny: https://inc42.com/buzz/amid-ongoing-uncertainty-in-crypto-industry-defi-comes-under-tax-departments-scrutiny/ ; Reward points and e-vouchers not in crypto tax ambit: https://economictimes.indiatimes.com/news/economy/finance/reward-points-e-vouchers-out-of-crypto-tax-ambit/articleshow/91299526.cms ; India brings new cyber security rules for crypto businesses: https://www.coindesk.com/policy/2022/05/02/india-includes-crypto-businesses-in-new-rules-for-cyber-security/ ; NSDL launches blockchain-based platform for security and covenant monitoring: https://inc42.com/buzz/nsdl-launches-blockchain-based-platform-for-security-and-covenant-monitoring/ ; Pantera Capital to increase focus on India: https://economictimes.indiatimes.com/tech/technology/pantera-capital-to-increase-india-focus-as-it-closes-crypto-blockchain-funds/articleshow/91342252.cms ; Zebpay lists Paris Saint-German (PSG), Juventus (JUV), Manchester City (CITY), FC Barcelona (BAR) and Alpine F1 team (ALPINE) fan tokens; CoinDCX lists Storj (STORJ), STEPN (GMT) and LCX; WazirX lists Biswap (BSW), Linear Finance (LINA) and REI Network (REI) in its USDT market; CoinSwitch Kuber lists Origin Protocol (OGN)

    4 min

  5. 01/05/2022

    Finance Minister Nirmala Sitharaman Says India Will Not Rush Into Crypto Regulations

    Here are the top crypto news headlines from India this week: Finance Minister Nirmala Sitharaman says crypto regulation will not be rushed: https://news.bitcoin.com/indias-decision-on-crypto-regulation-will-not-be-rushed-says-finance-minister/ ; Banks ask NPCI to provide clarity on usage of UPI by crypto exchanges: https://economictimes.indiatimes.com/tech/technology/top-banks-ask-npci-to-clarify-its-stance-on-upi-for-crypto/articleshow/91056087.cms ; Payments Council Of India says payment gateways avoiding crypto exchanges due to RBI’s reservations: https://inc42.com/buzz/payment-gateways-avoiding-crypto-exchanges-due-to-rbis-reservations-payments-council-of-india/ ; Flipkart targets Web3 opportunities through new Flipkart Labs division: https://www.livemint.com/technology/tech-news/flipkart-to-test-web-3-0-metaverse-expansion-11651153527184.html ; Coinbase CEO Brian Armstrong questions India’s ‘shadow ban’ on crypto: https://inc42.com/buzz/coinbase-ceo-raises-questions-indias-shadow-ban-on-crypto-trading/ ; Amesten Capital raises $9 million to focus on DeFi: https://inc42.com/buzz/web3-crypto-focused-investor-amesten-capital-bags-9-mn-to-focus-on-defi-finance-gaming-space/ ; Mumbai-based Revise Network raises $3.5 million: https://inc42.com/buzz/revise-network-raises-3-5-mn-to-help-nfts-interact-with-apps-and-data/ ; Unicas expands physical presence in India: https://inc42.com/buzz/crypto-banking-platform-unicas-physical-presence-india/ ; Newrl launches new solution to help startups tokenise their ESOPs: https://inc42.com/buzz/how-blockchain-startup-newrl-aims-to-help-startups-tokenise-their-esops/ ; WazirX lists BinaryX (BNS), ForTube Token (FOR) and Green Metaverse Token (GMT) in its USDT market; CoinDCX lists JasmyCoin (JASMY), MahaDAO (MAHA), and Audius (AUDIO);

    6 min

  6. 24/04/2022

    Let's Admit It - The Indian Government Doesn't See Crypto Positively

    Here are the top cryptocurrency news headlines from India this week: Crypto exchanges resort to P2P after a 60% drop in trading volumes: https://inc42.com/buzz/after-nearly-60-drop-in-crypto-trading-volumes-indian-crypto-exchanges-resort-to-p2p-method/ ; Indians’ interest in cryptocurrency is declining since Budget 2022, Google data suggests: https://www.financialexpress.com/digital-currency/crypto-tax-impact-indians-interest-in-cryptocurrency-decline-since-budget-2022/2500536/ ; Freeze on crypto payments like a shadow ban on the industry: https://economictimes.indiatimes.com/markets/cryptocurrency/is-the-freeze-on-crypto-payments-in-india-a-shadow-ban/articleshow/90978354.cms ; IMF Official says crypto regulation is high on the agenda for India: https://news.bitcoin.com/imf-official-regulating-crypto-assets-is-high-on-the-agenda-for-india/ ; Sitharaman pitches for global framework to prevent cryptocurrencies from being used for money laundering: https://economictimes.indiatimes.com/news/economy/policy/fm-sitharaman-pitches-global-framework-to-regulate-crypto-currencies/articleshow/90927206.cms ; Stripe partners with Polygon to enable crypto payouts: https://inc42.com/buzz/stripe-indias-polygon-enable-crypto-payouts-starting-twitter/ ; Polygon’s Sandeep Nailwal calls for a single crypto regulator in India: https://www.coindesk.com/policy/2022/04/22/india-needs-a-single-crypto-regulator-says-polygon-co-founder/ ; RBI rejects MobiKwik’s payment aggregator licence: https://www.businesstoday.in/industry/banks/story/exclusive-rbi-rejects-mobikwiks-payment-aggregator-licence-support-to-crypto-exchanges-likely-reason-330702-2022-04-21 ; Cricket NFT platform Rario raises $120 million: https://economictimes.indiatimes.com/tech/technology/cricket-nfts-platform-rario-raises-120-million-led-by-dream-capital/articleshow/90963022.cms ; IIT Delhi partners with Binance to issue NFT tickets: https://www.livemint.com/companies/news/iit-delhi-partners-binance-to-issue-nft-tickets-for-college-fest-11650538191826.html ; CoinDCX tops $2 billion valuation in new $135 million funding: https://techcrunch.com/2022/04/18/indian-crypto-exchange-coindcx-tops-2-1-billion-valuation-in-new-135-million-funding/ ; WazirX lists PlayDapp (PLA), Highstreet (HIGH), Alchemix (ALCX) and Render Token (RNDR) in its USDT market and Nebulas (NAS) in its INR market; Zebpay lists Stepn’s GMT token in its INR and USDT market; Bitbns lists Trace Network’s TRACE token in its INR market;

    8 min

  7. 19/04/2022

    India - No Country for Crypto?

    Here are the top cryptocurrency news headlines from India this week: Crypto trading volumes in India take a hit as new tax regime kicks in: https://www.coindesk.com/business/2022/04/11/crypto-trading-volumes-in-india-collapse-10-days-after-new-taxes-crebaco/ ; Crypto Exchange Trading Volume Plummets As India’s New Tax Rules Come Into Force: https://inc42.com/features/crypto-exchange-trading-volume-plummets-as-indias-new-tax-rules-come-into-force/ ; Indian exchanges face liquidity crunch: https://coincrunch.in/2022/04/07/indian-crypto-exchanges-see-sharp-drop-in-liquidity/ ; Crypto investors struggle with INR deposits as many banks and payment gateways stop support: https://www.coindesk.com/business/2022/04/14/some-indian-payment-processors-cut-off-local-crypto-exchanges/ ; India leads in the total number of first-time crypto investors in the last three months: https://www.businessinsider.in/cryptocurrency/news/india-leads-in-the-total-number-of-first-time-crypto-investors-in-the-last-three-months-according-to-a-new-report/articleshow/90663575.cms ; Telangana government steps into the metaverse: https://economictimes.indiatimes.com/tech/technology/telangana-government-turns-to-metaverse-to-launch-states-spacetech-framework/articleshow/90271456.cms ; Polygon partners with AlmaBetter for Web3 education: https://www.financialexpress.com/education-2/polygon-and-almabetter-join-hands-to-impart-blockchain-and-web3-education/2491758/ ; Ethereum Push Notification Service (EPNS) raises $10.1 million in Series A: https://inc42.com/buzz/web3-startup-epns-raises-10-mn-funding-from-jump-crypto-tiger-global-polygon-and-others/ ; WazirX collaborates with Bhopal Cyber Cell for training: https://coincrunch.in/2022/04/06/wazirx-collaborates-with-bhopal-cyber-cell-as-gov-plans-training-for-agencies-in-cyber-forensics/ ; WazirX joins hands with Atal Incubation Centre (AIC) and Buidlers Tribe to launch a blockchain accelerator programme in Goa: https://coincrunch.in/2022/04/04/wazirx-atal-incubation-centre-to-establish-blockchain-park-in-goa/?utm_campaign=Cryptocurrency%20India%20Weekly%20&utm_medium=email&utm_source=Revue%20newsletter ; FTX sets its sights on India: https://economictimes.indiatimes.com/tech/technology/led-by-coinbase-global-crypto-firms-set-to-launch-or-expand-in-india-in-2022/articleshow/90354857.cms?utm_campaign=Cryptocurrency%20India%20Weekly%20&utm_medium=email&utm_source=Revue%20newsletter ; CoinDCX lists Mina Protocol (MINA), Superfarm (SUPER), COTI and Ariva (ARV); Bitbns lists Alien Worlds (TLM); CoinSwitch Kuber lists ApeCoin;

    7 min

  8. 03/04/2022

    India to frame crypto law only after global consensus+India’s stiff crypto tax laws take effect

    Here are the top cryptocurrency news headlines from India this week: India to frame crypto law only after global consensus: https://www.bloombergquint.com/crypto/india-will-frame-cryptocurrency-law-only-after-global-consensus ; India’s stiff crypto tax laws take effect: https://blockworks.co/indias-crypto-tax-takes-effect-with-industry-fearing-it-will-stifle-growth/ ; Crypto Has Become Less Attractive Due to New Tax Provisions in India: https://coincrunch.in/2022/04/01/crypto-has-become-less-attractive-due-to-new-tax-provisions-in-india/ ; Indian lawmakers continue to criticize cryptocurrencies: https://www.outlookindia.com/business/-we-want-to-discourage-people-from-investing-in-cryptocurrency-sushil-kumar-modi-news-189668 ; Crypto transactions involving Indian and foreign exchanges may attract additional GST: https://economictimes.indiatimes.com/tech/technology/crypto-transactions-involving-indian-foreign-exchanges-may-attract-gst/articleshow/90503898.cms ; KGF film series to enter metaverse with 'KGFverse': https://www.businesstoday.in/crypto/story/yash-starrer-kgf-film-series-to-enter-metaverse-with-kgfverse-328024-2022-03-31 ; Healthcare startup GOQii raises $10 million to launch its health metaverse: https://inc42.com/buzz/healthtech-startup-goqii-raises-10-mn-to-launch-its-health-metaverse/ ; Maharashtra government to issue blockchain-based caste certificates: https://indianexpress.com/article/technology/crypto/how-maharashtra-is-using-polygon-blockchain-to-issue-verifiable-caste-certificates-7843949/ ; One arrested in Rs 1,200 crore crypto fraud case: https://indianexpress.com/article/india/kerala/kerala-one-arrested-in-rs-1200-crore-crypto-fraud-case-7838897/ ; ED Nabs Prime Accused In Connection With Morris Coin Crypto Scam Worth INR 1,200 Cr: https://inc42.com/buzz/ed-nabs-one-prime-accused-in-connection-with-morris-coin-crypto-scam-worth-inr-1200-cr/ ; Police Trace 237 Bitcoins Siphoned by Ex IPS and Cyber Expert: https://coincrunch.in/2022/03/31/police-trace-237-bitcoins-siphoned-by-ex-ips-and-cyber-expert/ ; CoinSwitch Kuber to invest in Indian Web3 start-ups: https://www.thehindubusinessline.com/info-tech/coinswitch-kuber-to-invest-in-indian-web3-start-ups/article65281411.ece; WazirX listTezs FLUX and Anchor Protocol (ANC) in its USDT market and Icon (ICX) and Kyber Network Crystal v2 (KNC) in its INR market; CoinDCX lists Zilliqa (ZIL), Tezos (XTZ), XDC Network (XDC), DASH and Algorand (ALGO), Universal Market Access (UMA), Phoenix Global (PHB), QTUM and ZRX;

    6 min
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About

Cryptocurrency India Weekly covers the top weekly news from the cryptocurrency space relevant to the Indian audiences.

Information

  • Creator
    Crypto Dost
  • Years Active
    2018 - 2022
  • Episodes
    192
  • Rating
    Clean
  • Copyright
    © Copyright Crypto Dost
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    Cryptocurrency India Weekly