Cryptocurrency India Weekly

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New report says India has 10 crore crypto users+ Bollywood superstar Salman Khan to enter the NFT space+more crypto news Oct 17, 2021

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Here are the top cryptocurrency news headlines from India this week:
New report says India has 10 crore crypto users: https://www.news18.com/news/tech/with-over-10-crore-users-india-has-highest-number-of-crypto-owners-in-world-report-4321997.html ;
How the 10 Crore Indians Holding Crypto is a Bogus Claim!: https://coincrunch.in/2021/10/13/how-the-10-crore-indians-holding-crypto-is-a-bogus-claim/ ;
Bollywood superstar Salman Khan to enter the NFT space: https://www.indiatoday.in/business/story/salman-khan-cryptocurrency-nft-bollycoins-bollywood-1864337-2021-10-13 ;
Actor Kunal Kapoor, Nazara & Unacademy Founders Back NFT Marketplace NFTically: https://inc42.com/buzz/exclusive-actor-kunal-kapoor-nazara-unacademy-founders-back-nft-marketplace-nftically/ ;
CoinDCX’s ad campaign with Amitabh Bachchan put on hold: https://inc42.com/buzz/coindcx-puts-ad-campaign-with-amitabh-bachchan-on-hold/ ;
Indian exchanges start blocking suspicious trading accounts: https://economictimes.indiatimes.com/tech/technology/cryptocurrency-exchanges-start-blocking-accounts-after-govt-raises-red-flags/articleshow/87004291.cms ;
RSS calls for stringent crypto regulations in India: https://www.bloomberg.com/news/articles/2021-10-15/hindu-group-associated-with-modi-wants-crypto-regulated-in-india ;
Bengaluru-based Arcana Network raises $2.3 million: https://coincrunch.in/2021/10/14/arcana-network-raises-23/ ;
NSE collaborates with blockchain startup Chainflux to launch NSE-Shine: https://www.thehindubusinessline.com/markets/gold/nse-bengaluru-blockchain-start-up-launch-nse-shine-for-bullion-trade/article36999633.ece ;
Welspun India launches one of largest traceability and ESG transparency rollouts in textile industry, Wel-Trak 2.0 Blockchain: https://www.indiainfoline.com/article/news-sector-others/welspun-india-launches-one-of-largest-traceability-and-esg-transparency-rollouts-in-textile-industry-wel-trak-2-0-blockchain-121101300550_1.html ;
Kerala Blockchain Academy announces two free courses: https://www.livemint.com/education/news/kerala-blockchain-academy-announces-two-free-courses-registrations-open-11634040325267.html ;
WazirX Launches Think Tank for Web 3.0: https://coincrunch.in/2021/10/15/wazirx-launches-think-tank-for-web-3-0/ ;
Zebpay enables trading for Shiba Inu (SHIB) and Polkadot (DOT)

Crypto exchanges overtaking stock brokers in user base+B-Town Celebs Big B and Ranveer Singh join the crypto craze Oct 10, 2021

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Here are the top cryptocurrency news headlines from India this week:
Crypto exchanges overtaking stockbrokers in user base: https://www.livemint.com/market/cryptocurrency/crypto-exchanges-overtake-zerodha-in-user-base-11633675321727.html ;
Amitabh Bachchan Becomes Latest Celebrity to Join the Cryptocurrency Craze: https://gadgets.ndtv.com/cryptocurrency/news/amitabh-bachchan-coindcx-cryptocurrencies-growth-crypto-culture-india-2563148 ;
CoinSwitch Kuber onboards Ranveer Singh as its brand ambassador: https://www.cryptodost.io/exchange/coinswitch-kuber-onboards-ranveer-singh-as-its-brand-ambassador.html ;
CoinSwitch Kuber becomes India’s second crypto exchange unicorn: https://www.cryptodost.io/exchange/coinswitch-kuber-raises-260-million-in-series-c-funding-from-coinbase-ventures-and-andreessen-horowitz.html ;
Crypto Staking Management Startup Stader Labs Raises $4 Mn From Coinbase Ventures, Pantera: https://inc42.com/buzz/stader-labs-raises-4-mn-from-coinbase-ventures-pantera/ ;
NFT Lending Marketplace Strip Finance Raises Funds From MEXC Exchange, Others: https://inc42.com/buzz/exclusive-nft-lending-marketplace-strip-finance-raises-private-round-from-mexc-exchange-others/ ;
Chainalysis’ 2021 Geography of Cryptocurrency report shows India as a mature crypto market among others in the region: https://blog.chainalysis.com/reports/central-southern-asia-oceania-cryptocurrency-geography-report-2021-preview ;
Groww might be eyeing the crypto market: https://www.businesstoday.in/markets/market-perspective/story/exclusive-groww-eyes-entry-into-indias-growing-cryptocurrency-market-308672-2021-10-06 ;
Short video sharing app Chingari raises $19M to launch social token on Solana: https://cointelegraph.com/news/indian-tiktok-challenger-raises-19m-to-launch-social-token-on-solana ;
TCS sees good deal wins from the cryptocurrency space: https://economictimes.indiatimes.com/markets/cryptocurrency/tcs-says-seeing-very-good-deal-wins-from-cryptocurrency-space/articleshow/86871788.cms ;
ZebPay launches global crypto electronic OTC desk for HNIs, Institutional Investors: https://www.livemint.com/companies/news/zebpay-launches-global-crypto-electronic-otc-desk-11633334192389.html ;
Bitbns collaborates with Flippy Finance: https://medium.com/bitbns/bitbns-collaborates-with-flippy-to-decrypt-crypto-investments-making-it-simple-easy-and-fun-3cb2459f97fe ;
WazirX list Alien Worlds and eCash;
CoinDCX listed among the top 250 global fintech firms by CB Insights;

IMF says crypto adoption can threaten financial stability in emerging markets+RSS linked journal bats for crypto regulations in India Oct 03, 2021

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Here are the top cryptocurrency news headlines from India this week:
IMF says crypto adoption can threaten financial stability in emerging markets: https://www.theguardian.com/business/2021/oct/01/imf-warns-of-global-risks-from-unregulated-cryptocurrency-boom ;
RSS-linked journal bats for crypto regulations in India: https://www.news18.com/news/business/rss-linked-journal-calls-for-regulation-of-cryptocurrency-in-india-4257092.html ;
Survey reveals 16% of urban India now owns cryptocurrencies: https://inc42.com/buzz/2-in-10-urban-indians-likely-to-be-crypto-investors-by-q1-2022-report/ ;
Crypto startup Coinshift raises $2.5 million to help users manage crypto treasuries: https://inc42.com/buzz/cryptotech-startup-coinshift-raises-funds-to-expand-offerings/ ;
Hedera Hashgraph launches Hedera India Hackathon 2021: https://www.cryptodost.io/blockchain/hedera-launches-hedera-india-hackathon-2021.html ;
Bitbns now among OKEx's fiat partners: https://www.livemint.com/market/cryptocurrency/bitbns-now-among-okex-s-fiat-partners-11632982741654.html ;
Zebpay lists AMP and PancakeSwap (CAKE);
CoinDCX lists Polymath (POLY) and CIVIC (CVC);
WazirX lists HiFi Finance (MFT) in its USDT market: https://wazirx.com/blog/mft-usdt-trading/
Reading Recommendation:
5 Reasons Why Bitcoin Remains Below $50,000: https://www.coindesk.com/learn/5-reasons-why-bitcoin-remains-below-50000/ ;

FM Nirmala Sitharaman speaks on cryptocurrency again+Finance Ministry reportedly forms committee to examine scope of crypto taxation Sep 26, 2021

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Here are the cryptocurrency news headlines from India this week:
FM Nirmala Sitharaman speaks on cryptocurrency again: https://www.hindustantimes.com/business/on-cryptocurrency-sitharaman-says-we-have-to-be-cautious-but-think-it-through-101632189095218.html ;
Finance Ministry reportedly forms committee to examine scope of crypto taxation: https://inc42.com/buzz/government-forms-panel-to-examine-scope-of-taxation-on-crypto-trade/ ;
NASSCOM report says crypto tech industry in India to reach $241 million by 2030: https://www.livemint.com/market/cryptocurrency/cryptotech-industry-to-reach-241-million-in-india-by-2030-nasscom-11632473345213.html ;
Impact of China’s ban seen in Indian crypto markets: https://economictimes.indiatimes.com/markets/cryptocurrency/dragons-crypto-call-sparks-panic-sales-in-india/articleshow/86523252.cms ;
India’s crypto sector may gain from China’s ban: https://www.livemint.com/market/cryptocurrency/indias-crypto-sector-may-gain-from-china-s-ban-say-industry-executives-11632540824602.html ;
Indian teenagers rushing to invest in crypto: https://scroll.in/article/1005988/cryptocurrencies-are-so-popular-in-india-that-teenagers-are-investing-their-pocket-money-in-them ;
CBSE leverages blockchain technology to keep results tamper-proof: https://www.indiatoday.in/education-today/news/story/cbse-uses-blockchain-technology-to-keep-board-exam-results-important-documents-tamper-proof-1855887-2021-09-22 ;
CoinDCX launches crypto tutorial in sign language: https://coincrunch.in/2021/09/23/coindcx-crypto-course-sign-language/ ;
WazirX lists Solana (SOL), Stacks (STX) and Algorand (ALGO) in its INR market;
Bitbns’ BNS token now listed on global exchange Bitglobal: https://medium.com/bitbns/you-can-now-find-bns-listed-on-bithumb-global-13f8baaa1a33 ;
Zebpay lists Cardano in its INR, USDT and BUSD markets;

Indians using P2P to buy crypto as SBI reportedly blocks its UPI platform for exchanges+more crypto news Sep 19, 2021

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Here are the top cryptocurrency news headlines from India this week:
Indians using P2P to buy crypto as SBI reportedly blocks its UPI platform for exchanges: https://economictimes.indiatimes.com/markets/cryptocurrency/indians-continue-buying-cryptos-via-p2p-and-other-methods-even-after-upi-halt/articleshow/86311934.cms ;
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform: https://news.bitcoin.com/state-bank-of-india-blocks-payments-cryptocurrency-exchanges-upi/ ;
Indian government looking at ways to tax crypto trades: https://www.timesnownews.com/business-economy/economy/article/india-looking-to-tax-cryptocurrency-trades-ecosystem/811388 ;
Crypto companies plan ad blitz during this festive season: https://economictimes.indiatimes.com/markets/cryptocurrency/exchanges-plan-ad-blitz-for-festival-crypto-gold-rush/articleshow/86155934.cms ;
Crypto mania catches on in smaller Indian cities: https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-craze-catches-on-in-small-cities/articleshow/86335513.cms ;
IIT Madras joins Hedera decentralized governance council: https://cointelegraph.com/news/indian-university-joins-hedera-decentralized-governance-council?utm_source=Telegram&utm_medium=social ;
Belfrics Group To Resume Crypto Operations: https://inc42.com/buzz/belfrics-to-resume-crypto-operations-in-india-with-15-mn-investment/ ;
Bitbns rolls out Bitbns Swap feature: https://medium.com/bitbns/introducing-bitbns-swap-d721d7da5b72 ;
Zebpay lists WazirX’s native token WRX on its INR and USDT markets;
BuyUcoin launches SIP feature for users: https://inc42.com/buzz/crypto-platform-buyucoin-launches-sip-plan-for-indian-investors/ ;
CoinDCX renames its CoinDCX Go app to just CoinDCX

RBI continues to have major concerns about crypto+Zerodha co-founder Nithin Kamath says that crypto can disrupt brokers and stock exchanges Sep 12, 2021

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Here are the top cryptocurrency news headlines from India this week:
RBI continues to have major concerns about cryptocurrencies: https://www.news18.com/news/business/how-bitcoin-will-help-indian-economy-rbi-guv-has-major-concerns-about-cryptocurrency-4186169.html ;
India will have a distinct regulatory approach to crypto: https://www.cryptodost.io/event/we-will-be-able-to-walk-the-tight-rope-of-balancing-stability-and-growth-when-it-comes-to-crypto-instruments-says-jayant-sinha-member-of-parliament-lok-sabha-and-chairman-standing.html ;
Govt looking to paint NFT picture in crypto bil: https://economictimes.indiatimes.com/tech/technology/govt-looking-to-paint-nft-picture-in-crypto-bill/articleshow/86100183.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Zerodha co-founder Nithin Kamath says that crypto can disrupt brokers and stock exchanges: https://www.linkedin.com/posts/nithin-kamath-81136242_i-get-asked-often-who-out-there-do-you-think-activity-6841677754031861760-PV7L ;
CoinSwitch Kuber in talks to raise funds at unicorn valuation: https://techcrunch.com/2021/09/06/indian-crypto-exchange-coinswitch-kuber-in-talks-to-raise-funds-at-unicorn-valuation/ ;
Invesco Mutual Fund files papers for India’s first blockchain fund: https://www.livemint.com/mutual-fund/mf-news/invesco-mf-files-papers-for-india-s-first-blockchain-fund-11631085737283.html ;
NFT-Focused Blockchain Analytics Startup bitsCrunch Raises $750K: https://inc42.com/buzz/nft-focused-blockchain-analytics-startup-bitscrunch-raises-funds-from-genblock-capital/
US crypto exchange CrossTower expands to India: https://www.reuters.com/technology/global-crypto-exchange-crosstower-enters-india-despite-policy-uncertainty-2021-09-06/ ;
Mars Hackathon launched by Filecoin, IPFS and Polygon: https://www.cryptodost.io/event/mars-hackathon-organized-by-filecoin-ipfs-and-polygon-launched-in-india-to-empower-developers-with-robust-decentralized-storage-solutions.html ;
Join IoTeX Hackathon India 2021 as IoTeX Aims to Power Billions of Dapps and Smart Devices: https://www.cryptodost.io/event/join-iotex-hackathon-india-2021-as-iotex-aims-to-power-billions-of-dapps-and-smart-devices.html ;
RealX launches blockchain-based platform for fractional property ownership in India: https://cointelegraph.com/news/blockchain-based-platform-for-fractional-property-ownership-launches-in-india ;
Bitbns collaborates with AR-based gamified NFT collection app Scramble: https://medium.com/bitbns/bitbns-collaborates-with-scramble-an-ar-based-gamified-nft-collection-app-90f9f3f917d4 ;
WazirX lists Scale Network (SKL), Audius (AUDIO), Gnosis (GNO) and Stacs (STX) in its USDT market;
Unocoin allows users to top up their FASTtag wallets using Bitcoin;
Zebpay lists AlchemyPay (ACH) and Dogecoin in its INR and USDT market;

Cryptocurrencies likely to be Treated as Commodities in the Crypto Bill+Indian Banks Softening Stance on Crypto+More Crypto News Sep 05, 2021

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Here are the top cryptocurrency news headlines from India this week:
Cryptocurrencies likely to be treated as a commodity in India: https://economictimes.indiatimes.com/news/economy/finance/virtual-currencies-govt-plans-to-bring-a-bill-cryptos-to-be-treated-as-commodity/articleshow/85885645.cms ;
Indian Banks reportedly softening their stance on crypto: https://www.businessinsider.in/cryptocurrency/news/banks-in-india-are-reportedly-softening-their-stance-on-crypto-trading/articleshow/85830681.cms ;
Crypto gains currency again as banks ease curbs on purchases: https://economictimes.indiatimes.com/industry/banking/finance/banking/crypto-gains-currency-again-as-banks-ease-curbs-on-purchases/articleshow/85813536.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Cryptocurrency industry has more than 10,000 jobs on offer: https://economictimes.indiatimes.com/jobs/burgeoning-world-of-crypto-creates-10k-jobs-in-india/articleshow/85919671.cms ;
Amitabh Bachchan to roll out NFT collection: https://inc42.com/buzz/amitabh-bachchan-rolls-out-limited-nft-collection-through-beyondlife-club/ ;
CoinSwitch Kuber predicted to become a unicorn in two years: https://www.financialexpress.com/money/future-investment-opportunities-32-startups-may-go-unicorn-in-2-years-only-one-from-cryptocurrency/2322629/ ;
PolyGaj rebrands to Gaj Finance: https://coincrunch.in/2021/09/01/polygaj-rebrands-to-gaj-finance-launches-nft-farming/ ;
OKEx Launches DeFi Hub With NFT Marketplace In India: https://inc42.com/buzz/crypto-exchange-okex-launches-defi-hub-with-nft-marketplace-in-india/ ;
WazirX lists Raydium (RAY), BakeryToken (BAKE), Mina Protocol (MINA) and Clover Finance (CLV) in its USDT market;
Zebpay starts accepting INR deposits through UPI;
Bitbns launches its decentralized token launchpad platform Ascent on Binance Smart Chain;
CoinSwitch Kuber lists Axie Infinity (AXS) on its platform;
Reading Recommendation:
This Teacher's Day, let Bollywood Gurus guide your way into world of cryptocurrency: moneycontrol.com/news/business/cryptocurrency/this-teachers-day-let-bollywood-gurus-guide-your-way-into-world-of-cryptocurrency-7430221.html ;

India Ranked Sixth in DeFi Adoption+RBI Could Begin CBDC trials by December+More Crypto News Aug 29, 2021

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Here are the top cryptocurrency news headlines from India this week:
India ranked sixth in DeFi adoption: https://blog.chainalysis.com/reports/2021-global-defi-adoption-index ;
RBI could begin CBDC trials by December: https://www.cnbc.com/2021/08/27/india-central-bank-rbi-digital-rupee-trials-could-begin-by-december.html ;
Bitcoin rally brings Indian investors back to crypto: https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-rally-draws-indians-back-to-cryptos/articleshow/85605361.cms ;
India Covid Crypto Relief Fund to donate $15 million to UNICEF India: https://economictimes.indiatimes.com/tech/tech-bytes/india-covid-crypto-relief-fund-to-donate-15-million-to-unicef/articleshow/85694682.cms ;
Cashaa ties up with Polygon to offer DeFi solutions: https://www.livemint.com/market/cryptocurrency/cashaa-ties-up-with-polygon-to-offer-defi-solutions-to-masses-11629717659044.html ;
Former RBI governor Raghuram Rajan optimistic about the future of cryptocurrencies: https://www.indiatoday.in/business/story/raghuram-rajan-optimistic-about-the-future-of-cryptocurrencies-here-s-what-he-said-1846102-2021-08-27 ;
CoinDCX joins Advertising Standards Council of India: https://www.livemint.com/companies/news/coindcx-joins-advertising-regulator-to-enhance-confidence-in-crypto-11629879495281.html ;
Bitbns exchange updates its bank account details;
Zebpay lists Graph Protocol (GRT) in its INR and USDT market and Storj in its USDT market;
WazirX lists Arweave (AR), DODO and FLOW in its USDT market;
Reading Recommendation:
3 ways traders use Bitcoin futures to generate profit: https://cointelegraph.com/news/3-ways-traders-use-bitcoin-futures-to-generate-profit

Update on Cryptocurrency Bill+India Ranked Second in Global Crypto Adoption+More Crypto News Aug 22, 2021

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Subscribe to the Cryptocurrency India Weekly Newsletter:
Here are the top news headlines from India this week:
The wait for India’s Crypto Bill Continues: https://www.livemint.com/market/cryptocurrency/cryptocurrency-bill-awaiting-cabinet-approval-fm-sitharaman-11629125368539.html ;
News about Crypto Bill in India has been the same since July 2020: https://coincrunch.in/2021/08/19/fight-the-fud-crypto-bill-has-been-the-same-since-july-2020/ ;
India ranked second in global crypto adoption: https://www.cnbctv18.com/market/this-index-ranks-india-second-in-global-crypto-adoption-herere-key-driving-factors-10439211.htm ;
NFTs may be subject to equalisation levy: https://www.businessinsider.in/investment/news/nfts-in-india-may-reportedly-face-double-taxation-with-both-gst-and-the-equalisation-levy/articleshow/85397893.cms ;
SEBI asks depositories to use blockchain technology: https://www.livemint.com/news/india/sebi-asks-depositories-to-use-blockchain-tech-for-monitoring-securities-11629096186627.html ;
MG Astor will become one of the first cars in India to use blockchain technology: https://www.livemint.com/technology/tech-news/mg-astor-is-the-first-car-in-india-to-use-blockchains-to-manage-insurance-fees-resale-values-11629298093008.html ;
Another cryptocurrency-related crime unearthed in Bengaluru: https://indianexpress.com/article/cities/bangalore/two-arrested-bengaluru-cryptocurrency-cheating-3-5-crore-7457588/ ;
OKEx announces a reward of 100 OKB tokens for Neeraj Chopra: https://www.livemint.com/market/cryptocurrency/crypto-exchange-okex-announces-100-okb-tokens-reward-for-neeraj-chopra-11629355329953.html ;
Uniswap lists BWRX - a wrapped WRX token on the Ethereum blockchain;
Bitbns’s BNS token listed on global exchange Bittrex;
Zebpay lists Streamr (DATA) and EPNS (PUSH) in its INR and USDT market;
CoinDCX will not charge any transaction fee for UPI transactions above Rs 500;
Watch CoinSwitch Kuber's Sikka Chamkega Video: https://www.youtube.com/watch?v=GyT_IqwewC0&t=2s ;

CoinDCX becomes India's First Crypto Exchange Unicorn+Indian Government has No Data on Crypto Mining Aug 15, 2021

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Subscribe to the Cryptocurrency India Weekly newsletter: https://www.getrevue.co/profile/thecryptodost
Download the GoSats app here: https://gosats.io/refer&code=GSWW9793
Here are the top cryptocurrency news headlines from India this week:
CoinDCX becomes India’s first crypto exchange unicorn: https://www.moneycontrol.com/news/business/cryptocurrency/coindcx-becomes-indias-first-crypto-unicorn-raises-90-million-led-by-b-capital-7301371.html ;
Indian government not tracking environmental impact of crypto mining: https://www.moneycontrol.com/news/business/cryptocurrency/will-take-all-measures-to-eliminate-use-of-crypto-assets-govt-7310211.html ;
Mudrex raises $2.5 million in funding round: https://www.businessinsider.in/cryptocurrency/news/crypto-firm-mudrex-which-offers-mutual-fund-like-crypto-investment-tools-raises-2-5-million-in-a-seed-round/articleshow/85205115.cms ;
Polygon merges with Hermez Network: https://www.coindesk.com/polygon-merges-with-hermez-network-in-250m-deal ;
GoSats launches Bitcoin Rewards Debit Card;
WazirX sess 2648% growth in user sign-ups from tier-II and tier-III cities in India: https://cointelegraph.com/news/women-from-small-cities-contribute-to-65-crypto-sign-ups-in-india ;
Unocoin allows users to shop using Bitcoin: https://www.news18.com/news/business/now-you-can-use-bitcoin-to-buy-pizza-coffee-ice-cream-in-india-know-how-it-works-4072406.html ;
Zebpay lists Curve DAO Token (CRV), Synthetic (SNX) and Injective Protocol (INJ) in its USDT market;
Bitbns lists JulSwap (JULD), Foho Coin (FOHO) and MakerDAO (DAI) tokens;
CoinDCX lists PSG Fan Token (PSG) and TrueFi (TRU) in its USDT market

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