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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; -
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. -
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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. -
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) -
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); -
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; -
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; -
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; -
Here are the top cryptocurrency news headlines from India this week:
Government passes Finance Bill 2022 with controversial crypto tax provisions: https://inc42.com/buzz/parliament-formalises-ban-on-offsetting-crypto-losses-via-amendments/ ;
New Indian Crypto Tax Law: https://coincrunch.in/2022/03/25/new-indian-crypto-tax-law/ ;
Indian crypto industry thinking about moving Supreme Court: https://www.coindesk.com/policy/2022/03/22/indian-crypto-industry-mulls-supreme-court-move-as-tax-break-expectations-disappear/ ;
India to classify crypto under GST law soon: https://www.business-standard.com/article/economy-policy/indian-govt-working-on-classification-of-cryptocurrency-under-gst-law-122032000357_1.html ;
GST to Be Paid for Trading on Non-Indian Crypto Exchanges: https://coincrunch.in/2022/02/04/gst-to-be-paid-for-trading-on-non-indian-crypto-exchanges/ ;
Crypto exchanges will not advertise during the IPL: https://economictimes.indiatimes.com/tech/technology/top-cryptocurrency-exchanges-not-to-advertise-during-ipl/articleshow/90402672.cms ;
Amitabh Bachchan pays tax on NFT after notice: https://coincrunch.in/2022/03/23/amitabh-bachchan-pays-tax-on-nft-after-notice/ ;
Daler Mehndi buys virtual land in metaverse: https://inc42.com/buzz/indian-pop-singer-daler-mehndi-buys-metaverse-property-balle-balle-land/ ;
Auto giant Mahindra to launch NFTs: https://www.livemint.com/auto-news/mahindra-drives-into-nft-thar-suv-to-get-digitized-first-11648211864156.html ;
Coinbase Ventures launches Web3 start-up support programme in India: https://coinbase.buidlerstribe.com/ ;
FanCraze raises $100 million to expand Its cricket metaverse: https://economictimes.indiatimes.com/tech/funding/fancraze-raises-100-million-in-a-funding-round-led-by-insight-partners/articleshow/90423551.cms ;
Crypto-Friendly fantasy sports startup EarnU enters India: https://inc42.com/buzz/crypto-friendly-fantasy-sports-startup-earnu-forays-into-india/ ;
Cypher Capital launches $100 million blockchain fund: https://www.businessinsider.in/cryptocurrency/news/cypher-capital-launches-100-million-blockchain-fund-with-an-aim-to-invest-40-of-it-in-crypto-startups-in-india/articleshow/90400157.cms ;
Coinbase starts rolling out UPI payment options in India: https://yourstory.com/the-decrypting-story/crypto-exchange-coinbase-upi-imps-india-payment/amp ;
CoinDCX launches SIPs for crypto investments: https://www.businessinsider.in/investment/news/coindcxs-customers-can-now-do-weekly-sips-for-crypto-investments/articleshow/90416668.cms ;
CoinSwitch Kuber completes first ESOP Buyback worth $2.5 Mn: https://inc42.com/buzz/crypto-unicorn-coinswitch-completes-first-esop-buyback-worth-2-5-mn/ ;
WazirX lists ApeCoin (APE), Astar Trading (ASTR) and Alpine F1 Team Fan Token (ALPINE) in its USDT market and JasmyCoin (JASMY) in its INR market;
Bitbns announced new IEO on its Bitbns Launchpad platform;
Zebpay makes USDT-INR and BUSD-INR pairs live on its platform. -
Here are the top cryptocurrency news headlines from India this week:
Finance Ministry to have public consultation on crypto in six months: https://www.cnbctv18.com/cryptocurrency/consultative-paper-on-cryptocurrency-likely-to-be-ready-in-few-months-sources-12847342.htm ;
Crypto industry wants the government to reconsider the proposed 1% TDS: https://economictimes.indiatimes.com/tech/technology/crypto-players-want-finmin-to-relook-proposed-1-tds/articleshow/90209508.cms ;
Crypto players seek clarity from Parliament Session: https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-players-seek-clarity-from-parliament-session/articleshow/90224017.cms ;
RBI refuses to disclose its official stance on crypto in an RTI query: https://www.livemint.com/market/cryptocurrency/disclosing-crypto-stance-will-affect-economic-interest-11647371240029.html ;
Govt clarifies on RBI's plans to issue a cryptocurrency: https://www.livemint.com/market/cryptocurrency/govt-clarifies-on-plans-to-issue-a-cryptocurrency-11647343157920.html ;
India’s Digital Rupee Will Be Like ‘Dematerialised Bank Notes’, Says SC Garg: https://www.outlookindia.com/business/india-s-digital-rupee-will-be-like-dematerialised-bank-notes-says-sc-garg-news-187588 ;
CBDT chairman confirms that crypto taxation rules will come into effect from April 1: https://timesofindia.indiatimes.com/business/cryptocurrency/bitcoin/30-tax-on-income-from-crytocurrencies-to-be-applicable-from-april-1-tds-from-july-1-cbdt-chief/articleshow/90295072.cms ;
India targets 700 crypto investors for non-payment of taxes: https://news.bitcoin.com/india-targets-700-crypto-investors-for-non-payment-of-taxes/ ;
MakeMyTrip launches NFT collection: https://www.ndtv.com/business/makemytrip-launches-nfts-to-reimagine-tourism-2831130 ;
Enforcement Directorate probing 7 crypto cases and has seized assets worth Rs 135 crores: https://timesofindia.indiatimes.com/india/ed-probing-7-crypto-cases-seized-assets-of-135cr-govt/articleshow/90211344.cms ;
Cybersecurity Experts behind GainBitcoin scam investigation arrested for stealing Rs 20 crores: https://inc42.com/buzz/gainbitcoin-scam-cybersecurity-experts-behind-investigation-arrested-for-stealing-inr-20-cr-crypto/ ;
Bitbns launches edu platform for crypto, blockchain learning: https://www.businesstoday.in/crypto/story/bitbns-launches-edu-platform-for-crypto-blockchain-learning-326402-2022-03-17 ;
Giottus becomes first Indian crypto platform to list ApeCoin: https://www.livemint.com/market/cryptocurrency/giottus-becomes-first-indian-crypto-platform-to-list-apecoin-11647581178122.html ;
Zebpay exchange lists ApeCoin in its INR market:
CoinDCX lists Kyber Network Crystal V2 (KNC), Celo (CELO) and Mirror Protocol (MIR);
WazirX lists Celo (CELO) in its INR and USDT market, API3 in its USDT market and Bakery Token (BAKE) and Neo (NEO) in its INR market;
Unocoin goes vernacular with launch in four South Indian languages: https://newsroompost.com/business/unocoin-emerges-as-crypto-ka-super-app-goes-vernacular-with-all-four-south-indian-languages/5073506.html ; -
Here are the top cryptocurrency news headlines from India this week:
Finance Minister Nirmala Sitharaman says the government sees revenue potential in crypto: https://inc42.com/buzz/indians-see-future-in-crypto-we-see-possibility-of-revenue-fm-sitharaman/ ;
Polygon co-founder Sandeep Nailwal calls out crypto brain drain in India: https://www.ndtv.com/business/crypto-brain-drain-is-absolutely-crazy-in-india-says-polygon-co-founder-2816532 ;
BearTax raises $3.2 million in a seed round: https://coincrunch.in/2022/03/08/beartax-raises-3-2-million-in-seed-round/ ;
Blockchain courses are booming in India: https://finbold.com/blockchain-courses-skyrocket-in-india-as-demand-for-experts-increases/ ;
Hyderabad businessman duped of Rs 73 lakhs in a crypto scam: https://coincrunch.in/2022/03/11/hyderabad-businessman-duped-of-inr-73l-in-crypto-scam/ ;
CoinDCX partners with BITS Pilani: https://coincrunch.in/2022/03/09/coindcx-partners-with-bits-pilani/ ;
WazirX completes 7th quarterly WRX burn: https://wazirx.com/blog/wazirx-completes-7th-quarterly-wrx-burn/ ;
Zebpay lists Litecoin (LTC), SXP, WRX, Avalanche (AVAX), Curve DAO Token (CRV), The Graph (GRT), Alchemy Pay (ACH), Cardano (ADA), Amp (AMP), Adventure Gold (AGLD) and Fantom (FTM) in its INR market through the QuickTrade feature. -
Here are the top cryptocurrency news headlines from India this week:
India’s ultra-high-net-worth individuals added crypto to their portfolios in 2021: https://www.indiatoday.in/technology/news/story/ultra-rich-indians-have-mixed-feelings-about-cryptocurrency-nft-investments-1919792-2022-03-02 ;
India’s tax policy poses hurdles for crypto donations to Ukraine during the ongoing war: https://qz.com/india/2134674/crypto-donations-for-ukraine-from-india-is-unfeasible/ ;
Tech Mahindra announces entry into the metaverse with the launch of TechMVerse: https://www.livemint.com/companies/news/tech-mahindra-forays-into-metaverse-with-launch-of-techmverse-11646041078776.html ;
India’s Narcotics Control Bureau hiring experts to track crypto transactions: https://theprint.in/india/ncb-to-hire-financial-experts-forensic-auditors-to-probe-dark-web-crypto-aided-drugs-crimes/854763/ ;
Radhe Shyam movie trailer released in the metaverse: https://coincrunch.in/2022/03/03/radhe-shyam-movie-trailer-launches-on-metaverse/ ;
Crypto payment gateway Transak expands into India: https://www.cnbctv18.com/cryptocurrency/crypto-payment-gateway-transak-expands-into-india-to-help-users-directly-buy-crypto-using-indian-rupee-12674502.htm ;
FTX Gaming announces partnership with the India arm of Yield Guild Games for Web3 gaming projects: https://inc42.com/buzz/ftx-gaming-partners-with-yggs-india-unit-indigg-for-web3-and-crypto-gaming/ ;
Delhi man held for duping people of Rs 84 lakhs with a crypto scheme: https://coincrunch.in/2022/03/02/delhi-man-held-for-duping-people-of-%e2%82%b984l-with-a-crypto-scheme/ ;
CoinDCX listed Chingari app’s GARI token on its platform: https://www.businesstoday.in/crypto/story/gari-announces-listing-on-indias-cryptocurrency-exchange-coindcx-324527-2022-03-02 ;
WazirX to deduct 30% TDS on competition prizes: https://coincrunch.in/2022/03/05/wazirx-to-deduct-30-tds-on-competition-prizes/ ;
Bitbns will implement CryptoWire’s IC 15 Index on its platform: https://www.livemint.com/market/cryptocurrency/indias-first-crypto-index-ic15-to-be-traded-on-bitbns-exchange-soon-11646129287269.html ; -
Here are the top cryptocurrency news headlines from India this week:
India’s crypto investors spooked by the market pullback triggered by the Russian invasion of Ukraine: https://economictimes.indiatimes.com/tech/technology/spectre-of-crypto-winter-spooks-all/articleshow/89806536.cms ;
ASCI releases advertising guidelines for crypto: https://www.coindesk.com/policy/2022/02/23/indias-crypto-advertising-guidelines-are-out/ ;
Supreme Court asks the government to clarify its stance on crypto: https://timesofindia.indiatimes.com/india/is-bitcoin-trading-legal-or-illegal-sc-asks-govt/articleshow/89838013.cms ;
Indian banks have still not warmed up to crypto transactions: https://www.deccanherald.com/business/business-news/indian-banks-yet-to-warm-up-to-crypto-transactions-1084802.html ;
Indian exchanges shifting base to crypto-friendly jurisdictions such as UAE and Singapore: https://www.ndtv.com/business/how-uae-and-singapore-are-turning-into-crypto-hubs-withindian-exchanges-moving-base-2784664 ;
IAMAI holds NFT conference: https://www.coindesk.com/markets/2022/02/24/first-mover-asia-india-crypto-firms-regulators-continue-their-regulatory-debate-bitcoin-recovers-from-a-post-invasion-freefall/ ;
Infosys launches Infosys Metaverse Foundry: https://www.prnewswire.com/in/news-releases/launching-infosys-metaverse-foundry-service-to-accelerate-enterprises-ability-to-evolve-and-execute-strategies-for-virtual-physical-interconnections-814663769.html ;
Airtel acquires stake in blockchain startup Aqilliz: https://www.dqindia.com/airtel-acquires-strategic-stake-in-blockchain-technology-startup-aqilliz/ ;
US-based blockchain firm Cion Digital to expand in India: https://www.dqindia.com/us-based-saas-blockchain-cion-digital-to-expand-in-india/ ;
Nagpur police seizes assets worth Rs 40 crore in connection to a crypto scam: https://inc42.com/buzz/nagpur-police-seizes-assets-worth-inr-40-cr-in-crypto-scam-duping-2k-investors/ ;
New Crypto Scams in India: https://coincrunch.in/2022/02/21/new-day-new-crypto-scams-in-india/ ;
WazirX to release tools for entrepreneurs to build their own cryptocurrency exchanges;
Zebpay lists 22 new tokens in its INR market through its QuickTrade feature; -
Here are the top cryptocurrency news headlines from India this week:
New crypto tax rules helping exchanges onboard more users: https://www.livemint.com/market/cryptocurrency/indias-crypto-tax-turned-out-to-be-a-blessing-for-leading-exchanges-like-wazirx-11645090280257.html ;
Indian crypto industry representatives meet Finance Ministry officials to make them reconsider aspects of the new tax framework: http://www.businessworld.in/article/Indian-Cryptocurrency-Sector-s-Collective-Effort-For-Regulation-/14-02-2022-420510/ ;
Indian exchanges scramble to implement crypto tax rules by the April 1st deadline: https://forkast.news/indian-exchanges-implement-crypto-tax/ ;
Finance Minister Nirmala Sitharaman says the ministry and RBI are on the same page on crypto rules: https://www.coindesk.com/policy/2022/02/14/indian-finance-minister-says-rbi-on-board-with-new-crypto-rules/ ;
RBI Deputy Governor T Rabi Sankar bats for a crypto ban: https://techcrunch.com/2022/02/15/india-central-bank-cryptocurrency-ponzi-banning/ ;
ICAI to explore the use of blockchain tech in auditing: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/icai-to-explore-use-of-blockchain-tech-in-auditing/articleshow/89634722.cms ;
CoinDCX partners with Solidus Labs to enhance anti-money laundering protection: https://www.livemint.com/technology/coindcx-partners-solidus-labs-to-protect-users-from-crypto-market-abuses-11645278995219.html ;
WazirX lists Theta Fuel (TFUEL) in its INR market and JasmyCoin (JASMY) in its USDT market;
Zebpay lists 24 tokens through its QuickTrade feature; -
Here are the top cryptocurrency news headlines from India this week:
Finance Minister Nirmala Sitharaman says government has not legalized crypto yet: https://economictimes.indiatimes.com/news/economy/policy/will-decide-of-banning-or-not-banning-crypto-currency-later-taxing-transactions-doesnt-legitmise-it-fm-nirmala-sitharaman-in-rs/videoshow/89498905.cms ;
Crypto Industry stakeholders likely to present a memorandum to the finance ministry about the new tax rule: https://www.businesstoday.in/crypto/story/indias-cryptocurrency-industry-likely-to-take-up-tax-rule-revision-with-finmin-321783-2022-02-07 ;
RBI Governor Shaktikanta Das continues attack on crypto saying that it’s not even a tulip: https://www.bloomberg.com/news/articles/2022-02-10/india-s-central-bank-chief-says-crypto-is-not-even-a-tulip ;
Polygon raises $450 million in new funding round: https://cointelegraph.com/news/polygon-raises-450m-in-sequoia-led-funding-round ;
Instadapp founders Sowmay and Samyak Jain recognized in the Forbes 30 under 30 list: https://www.forbesindia.com/article/30-under-30-2022/sowmay-and-samyak-jain-disrupting-the-crypto-ecosystem-with-defi/73529/1 ;
Tech Mahindra the only Indian company in the Forbes’ Blockchain 50 List: https://www.indiainfoline.com/article/news-sector-information-technology/tech-mahindra-emerges-as-the-only-indian-company-in-the-forbes%E2%80%99-blockchain-50-list-122021100460_1.html ;
CoinSwitch Kuber launches Recurring Buying Plan (RBP) feature;
ZebPay’s lists BitTorrent (BTTC), Basic Attention Token (BAT), Decentraland (MANA), Chainlink (LINK), EOS (EOS), and 1inch (1INCH) through QuickTrade feature: https://zebpay.com/blog/zebpays-launches-bttc-bat-mana-link-eos-1inch/ ;
WazirX lists Numeraire (NMR), Alchemy Pay (ACH), and Spell Token (SPELL) in its USDT market and Dusk Network (DUSK) and Quant (QNT) in its INR market;
Bitbns makes ERC20, BEP20, and MATIC20-based token withdrawals live;
Giottus launches crypto baskets and SIP feature: https://economictimes.indiatimes.com/markets/cryptocurrency/giottus-launches-theme-crypto-baskets-for-sip-investors/articleshow/89499415.cms ;
CoinDCX lists OpenDAO (SOS) and Constitution DAO (PEOPLE); -
Here are the top cryptocurrency news headlines from India this week:
India announces 30% tax on crypto in Budget 2022: https://www.coindesk.com/policy/2022/02/01/india-to-levy-30-tax-on-crypto-income-cbdc-launch-in-2022-23/ ;
Cryptocurrency Tax in Budget 2022 Explained in Detail: https://www.youtube.com/watch?v=mkqNdCwFX6s&t=1137s ;
Crypto tax discussion with tax expert Anoush Bhasin, Crypto India Founder Aditya Singh, and Coin Crunch India Naimish Sanghvi: https://www.youtube.com/watch?v=Kyyt_eq-tz0&t=2231s ;
Indian crypto community rallies against the high crypto tax with a petition: https://www.youtube.com/watch?v=lqfWdnz8cfo&t=4s ;
India’s crypto bill will not be tabled in the Budget session of the Parliament: https://news.bitcoin.com/government-official-indian-crypto-policy-global-regulations-g20-meeting/ ;
WazirX founder Nischal Shetty announces new blockchain venture called Shardeum: https://inc42.com/buzz/cryptopreneurs-nischal-shetty-and-omar-syed-launch-blockchain-venture-shardeum/ ;
Pune couple holds India’s first blockchain wedding: https://indianexpress.com/article/trending/trending-in-india/pune-pair-becomes-indias-first-couple-to-hold-blockchain-wedding-7758388/ ;
Pune cop arrested for kidnaping trader to extort crypto: https://www.ndtv.com/india-news/pune-bitcoin-fraud-pune-bitcoin-fraud-news-8-arrested-for-kidnapping-man-to-extort-crypto-worth-rs-300-crores-2743871 ;
WazirX lists Santos FC (SANTOS), FC Porto (PORTO) and S.S. Lazio (LAZIO) Fan Tokens in its USDT market and Biconomy (BICO) in its INR and USDT market;
CoinDCX lists Spell Token (SPELL) on its platform;
Unocoin releases revamped website along with an advanced exchange page; -
Here are the top cryptocurrency news headlines from India this week:
Budget 2022 may levy TDS and TCS on crypto transactions: https://gadgets.ndtv.com/cryptocurrency/features/union-budget-2022-cryptocurrency-bill-bitcoin-crypto-taxes-cbdc-2730115 ;
HNIs moving crypto assets abroad amidst regulatory uncertainty: https://economictimes.indiatimes.com/tech/tech-bytes/hnis-shifting-cryptocurrency-assets-to-wallets-outside-india/articleshow/89127639.cms ;
Extreme volatility takes crypto trading volumes to new high: https://economictimes.indiatimes.com/tech/tech-bytes/extreme-volatility-takes-crypto-trade-volumes-to-new-high/articleshow/89127739.cms ;
Exchanges and influencers fall prey to a YouTube hack: https://inc42.com/buzz/cryptocurrency-startups-wazirx-coindcx-unocoins-youtube-accounts-hacked/ ;
Indian crypto startup Flint raises $5.1 million in seed funding: https://inc42.com/buzz/crypto-startup-flint-raises-5-1-mn-seed-funding-from-sequoia-coinbase-ventures/
WazirX makes major changes to its trading fee structure: https://support.wazirx.com/hc/en-us/articles/4417996196634 ;
WazirX lists listed Anyswap (ANY) and Glimmer (GLMR) in its USDT market and Cream Finance (CREAM) and Ooki Protocol (OOKI) in its INR market;
Zebpay lists Harvest Finance (FARM) in its INR and USDT market;
CoinDCX exchange lists Oasis (Rose); -
Here are the top cryptocurrency news headlines from India this week:
Crypto Industry eagerly awaits Budget 2022: https://www.coindesk.com/policy/2022/01/21/indias-crypto-industry-has-great-expectations-from-the-new-budget/ ;
Crypto bill likely to miss the Budget session of the Parliament: https://economictimes.indiatimes.com/news/economy/policy/crypto-bill-likely-to-miss-budget-session-as-govt-seeks-time-to-build-consensus/articleshow/88962285.cms ;
PM Modi calls for global cooperation on crypto: https://www.coindesk.com/policy/2022/01/17/indian-prime-minister-calls-for-global-cooperation-on-cryptocurrency/ ;
Indian crypto investors spooked by the latest crash: https://economictimes.indiatimes.com/tech/technology/crypto-investors-feel-the-jitters/articleshow/89062652.cms ;
Why is the cryptocurrency market going down? What should investors do during the crypto price crash?: https://www.youtube.com/watch?v=ZIrvW-OIjS0&t=277s ;
Indian crypto industry may update self-regulatory code of conduct: https://economictimes.indiatimes.com/tech/tech-bytes/indias-cryptocurrency-sector-likely-to-update-code-of-conduct/articleshow/88983918.cms ;
Viacom18 to launch NFT marketplace: https://coincrunch.in/2022/01/20/viacom18-to-launch-nft-marketplace/ ;
Tamil Nadu couple to host wedding reception in the metaverse: https://indianexpress.com/article/trending/trending-in-india/tamil-nadu-couple-to-host-wedding-reception-in-metaverse-7728255/ ;
Millions of Indians visiting crypto scam websites: https://news.bitcoin.com/crypto-scam-websites-millions-indians-chainalysis/ ;
New malware targetting Indian crypto wallets: https://indianexpress.com/article/technology/crypto/new-bhunt-malware-targets-your-crypto-wallets-and-passwords-7736926/ ;
CoinDCX lists Nervos Network (CKB) and Standard Tokenization Protocol (STP);
WazirX introduces Collector Referrals on the WazirX NFT Marketplace;
Zebpay lists the Spell Token (SPELL) and Chromia (CHR) in its INR and USDT market, and GARI token in its INR market through the express listing initiative;
CoinSwitch Kuber lists Keep Network (KEEP) and Chromia (CHR);
Bitbns lists the GARI token on its platform. -
Here are the top cryptocurrency news headlines from India this week:
Indian Crypto community seeks tax clarity in Budget 2022: https://ambcrypto.com/india-calls-for-crypto-regulations-intensify-ahead-of-budget-session-2022/ ;
Budget to decide if crypto investment is business income: https://economictimes.indiatimes.com/markets/cryptocurrency/budget-to-decide-if-crypto-investment-is-business-income/articleshow/88844035.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst ;
Digital tokens given by exchanges to employees under tax scrutiny: https://economictimes.indiatimes.com/news/economy/policy/digital-coins-issued-by-indian-exchanges-to-employees-to-face-income-tax-complications/articleshow/88868137.cms ;
Crypto Ad guidelines released in India: https://coincrunch.in/2022/01/12/dos-and-donts-of-crypto-advertisements-in-india/ ;
EPNS goes live on the Ethereum mainnet: https://www.coindesk.com/tech/2022/01/11/epns-goes-live-in-bid-to-bring-notifications-to-web-3/ ;
Axis Bank executes first domestic trade transaction on government-backed blockchain platform: https://www.livemint.com/companies/news/axis-bank-executes-first-domestic-trade-deal-on-govt-backed-blockchain-platform-11641814579053.html;
ED seizes assets in the Morris Coin scam: https://news.bitcoin.com/india-seizes-assets-162m-morris-coin-cryptocurrency-investment-scheme/ ;
Amit Bhardwaj - The Man Behind $2.7 Bn Crypto Ponzi Scheme Dies From Cardiac Arrest: https://inc42.com/buzz/gainbitcoin-ponzi-schemess-amit-bhardwaj-dies-from-cardiac-arrest/
Tezos India partners with the Blockchain School to launch new course: https://www.indianweb2.com/2022/01/tezos-india-partners-with-blockchain.html ;
Unocoin lists Cardano (ADA), Celer Network (CELR), Gifto (GTO), Loopring (LRC) and Sandbox (SAND);
CoinDCX exchange lists DeFine (DFA);
Zebpay lists Hedera (HBAR) in its INR market
WazirX lists Powerledger (POWR) in its USDT market, Ethereum Name Service (ENS) and Near Protocol (NEAR) in its INR market and Amp (AMP) in its INR and USDT market;
CoinSwitch Kuber lists the Fantom (FTM) token on its platform; -
Here are the top cryptocurrency news headlines from India this week:
RBI creates dedicated fintech department for crypto and CBDC: https://www.coindesk.com/business/2022/01/08/indias-central-bank-creates-fintech-department-as-challenges-posed-by-crypto-cbdc-grow/ ;
Crypto exchanges under the IT and ED lens: https://www.hindustantimes.com/india-news/after-raid-on-wazirx-crypto-exchanges-under-i-t-and-ed-scanners-101641407967194.html ;
India’s cryptocurrency platforms lack clarity on tax provisions say industry watchers: https://economictimes.indiatimes.com/tech/tech-bytes/indias-cryptocurrency-platforms-lack-clarity-on-tax-provisions/articleshow/88677171.cms ;
Industry Body seeks crypto law in the upcoming budget session of the parliament: https://www.coindesk.com/business/2022/01/08/industry-body-for-indian-startups-seeks-crypto-rules-in-coming-budget-session-of-parliament/ ;
ED uncovers Morris Coin scam worth Rs 1200 crore: https://coincrunch.in/2022/01/07/ed-unfolds-morris-coin-fraud-worth-rs-1200-crore-malayalam-actors-a-suspect/ ;
Bitbns partners with CoinWealth to launch the IDO of the CNW token on the Ascent Launchpad platform: https://coinwealth.medium.com/coinwealth-partners-with-bitbns-to-serve-the-indian-market-4f8a38b62ab5 ;
WazirX partners with Gurukul Kangri Vishwavidyalaya to launch a free certificate course on blockchain and crypto: https://blockchainpapers.in/learn-blockchain-get-certified-eng/ ;
CoinDCX lists Polytrade and UnMarshal in its INR market;
Zebpay lists ALICE in its INR and USDT market; - Visa fler