Cryptocurrency India Weekly

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India’s crypto exchanges mulling legal route against RBI+HDFC Bank and SBI Cards warn customers dealing in cryptocurrencies+more crypto news May 30, 2021

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Here are the top cryptocurrency news headlines from India this week:
India’s crypto exchanges mulling legal route against the RBI diktat: https://economictimes.indiatimes.com/news/economy/policy/cryptocurrency-exchanges-to-approach-sc-on-rbi-diktat/articleshow/83015528.cms ;
HDFC Bank and SBI Cards Warn Customers Of Restrictions if They Deal In Cryptocurrencies: https://www.bloombergquint.com/crypto/hdfc-bank-sbi-card-warn-customers-of-restrictions-if-they-deal-in-cryptocurrencies ;
Matter of time before Indians have legal access to crypto says HDFC Bank report: https://www.livemint.com/market/cryptocurrency/matter-of-time-before-indians-have-legal-access-to-crypto-hdfc-bank-report-11622184175571.html ;
Mark Cuban Invests in India’s Polygon Network: https://www.coindesk.com/mark-cuban-invests-in-ethereum-layer-2-polygon ;
Interview with Polygon co-founder Sandeep Nailwal: https://www.youtube.com/watch?v=aWz7OzLuo7I&t=669s ;
Rajya Sabha MP Subramaniam Swamy calls Cryptocurrencies Unstoppable: https://www.republicworld.com/technology-news/other-tech-news/subramanian-swamy-shares-views-on-bitcoin-and-other-cryptocurrencies-calls-it-unstoppable.html ;
ZebPay launches lending Platform for investors to earn returns on crypto holdings;
Tamil Nadu government wants Implementation Partner for Building Its Blockchain Backbone Infrastructure: https://inc42.com/buzz/crypto-this-week-tim-draper-on-elon-musk-tamil-nadu-blockchain-infra/ ;
Moneycontrol joins hands with WazirX to launch Cryptocontrol: https://www.moneycontrol.com/news/business/moneycontrol-makes-tracking-cryptocurrency-easy-through-its-association-with-wazirx-6944601.html ;
ENJIN, BTT and Pancake Swap listed on CoinDCX Go;
Reading Recommendation:
Follow Singapore model to regulate cryptocurrency in India: Experts
Read more at:
Follow Singapore model to regulate cryptocurrency in India, say experts: https://economictimes.indiatimes.com/tech/technology/follow-singapore-model-to-regulate-crypto-bacc/articleshow/82633813.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Indian government to set up new panel to study crypto regulations+Cryptocurrency exchanges continue to struggle with banks+more crypto news May 23, 2021

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Here are the top cryptocurrency news headlines from India this week:
Indian government to set up a new panel to study crypto regulations: https://www.youtube.com/watch?v=loK7CItREzs&t=2s ;
Exclusive: India may set up a new panel to study crypto regulations: https://economictimes.indiatimes.com/tech/technology/govt-may-set-up-new-panel-to-study-crypto-regulations/articleshow/82746324.cms ;
Paytm Payments Bank Suspends Support for Cryptocurrency Exchanges: https://www.firstpost.com/tech/news-analysis/paytm-payments-bank-suspends-support-for-cryptocurrency-exchanges-why-banks-in-india-are-retreating-from-digital-currencies-9641521.html ;
Is Your Bank Not Supporting Cryptocurrency Trading: Here are 3 Things You Can Do: https://www.youtube.com/watch?v=U2Uga4bO4ZI&t=13s ;
Wealth advisers in India face a flood of crypto queries: https://economictimes.indiatimes.com/tech/technology/queries-on-crypto-have-wealth-advisors-in-india-in-a-tangle/articleshow/82804922.cms ;
Indian crypto exchanges face outages as crypto market crashes: https://timesofindia.indiatimes.com/business/india-business/desi-crypto-bourses-see-outage-as-bitcoin-cracks/articleshow/82788341.cms ;
Maharashtra government uses Matic blockchain to maintain COVID-19 test records;
Made-in-India Polygon is now among Top 20 crypto coins globally: https://economictimes.indiatimes.com/tech/technology/made-in-india-blockchain-crosses-10-billion-market-cap/articleshow/82736935.cms ;
Interview with Matic Network Co-Founder Sandeep Nailwal: https://www.youtube.com/watch?v=aWz7OzLuo7I&t=669s ;
Trace Network Launches BLING – Marketplace for Lifestyle NFTs: https://coincrunch.in/2021/05/22/trace-network-launches-bling-marketplace-for-lifestyle-nfts/ ;
Leading crypto exchanges join Zebpay’s Bitcoin Pizza Party for COVID-19 relief drive: https://www.bitcoinpizza.com/ ;
Bitbns' BNS token is now on Binance Smart Chain: https://medium.com/bitbns/bns-token-is-now-on-binance-smart-chain-140a7d71bfbf ;
BNSD listed on 1inch Exchange: https://medium.com/bnsd-finance/bnsd-trading-has-now-started-on-1inch-exchange-a9c5a49de12b ;
WazirX Announces WRX Airdrop for Crypto Investors Who Bought SHIBA INU (SHIB) Token at High Prices: https://www.youtube.com/watch?v=Y2NLHCwooAw&t=38s ;
CoinDCX collaborates with RegTech and blockchain analytics provider Coinfirm: https://www.coinfirm.com/blog/india-coindcx-aml-coinfirm/

RBI tells lenders to reconsider ties with crypto exchanges+INDmoney adds crypto trading to its platform+more crypto news May 16, 2021

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Here are the top cryptocurrency news headlines from India this week:
RBI tells lenders to reconsider ties with crypto exchanges: https://economictimes.indiatimes.com/news/economy/policy/rbi-tells-lenders-to-re-consider-ties-with-crypto-exchanges-traders/articleshow/82602081.cms ;
Is Your Bank Not Supporting Cryptocurrency Trading: Here are 3 Things You Can Do: https://www.youtube.com/watch?v=U2Uga4bO4ZI&t=6s ;
INDmoney adds crypto trading to its platform: https://inc42.com/buzz/indmoney-crypto-trading-amid-market-boom-will-other-investment-apps-follow-suit/ ;
Vitalik Buterin donates $1 billion dollars worth of Shiba Inu to COVID-19 relief campaign in India: https://techcrunch.com/2021/05/12/vitalik-buterin-donates-1-billion-worth-of-meme-coins-to-india-covid-relief-fund/ ;
DogeCoin and Shiba Inu mania burns hands of Indian investors: https://www.indiatoday.in/technology/news/story/wazirx-lists-shiba-inu-coin-in-india-at-higher-than-actual-price-blames-it-on-misconfiguration-1802429-2021-05-14 ;
WazirX Announces WRX Airdrop for Crypto Investors Who Bought SHIBA INU (SHIB) Token at High Prices: https://www.youtube.com/watch?v=Y2NLHCwooAw ;
Indians over 45 getting into crypto: https://economictimes.indiatimes.com/tech/technology/indians-over-45-are-exploring-the-wild-west-of-cryptocurrency/articleshow/82581263.cms ;
Bitbns exchange announces mega listing initiative: https://medium.com/bitbns/33-token-96-hours-mega-listing-event-at-bitbns-ac486c6c8602 ;
Zebpay to launch Zebpay Lending Program soon: https://zebpay.com/in/lending/ ;
CoinDCX lists Ethereum Classic and ICP in its CoinDCX Go app;

NPCI refuses to ban cryptocurrency trades in India+IndiaTech provides recommendations on a progressive regulatory framework for crypto May 09, 2021

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Here are the top cryptocurrency news headlines from India this week:
National Payments Corporation of India (NPCI) refuses to ban crypto trades in India: https://www.timesnownews.com/business-economy/industry/article/ncpi-which-runs-upi-refuses-to-ban-cryptocurrency-trades-in-india/753469 ;
Industry Body IndiaTech writes to the government on a progressive regulatory framework for crypto: https://www.moneycontrol.com/news/business/startup/allow-taxation-on-cryptocurrency-gst-have-fdi-limits-crypto-industry-bodys-proposal-to-government-6862441.html ;
NEAR platform launches NEAR India Accelerator programme: https://inc42.com/buzz/near-launches-india-accelerator-for-blockchain-startups/ ;
Bitbns and Bitdroplet make it mandatory to whitelist addresses for crypto withdrawals: https://medium.com/bitdroplet/dear-bitdroplet-family-ad6c0d67f2b9 ;
WazirX lists Fantom, Verge, AVAX and LUNA in the INR market and BZX protocol in its INR and USDT market;
ZebPay's changes beneficiary bank account details for instant deposit via NEFT/IMPS/RTGS;
CoinDCX partners with Solana for the Solana Hackathon and Ecosystem Fund worth $20 million: https://blog.coindcx.com/solana-x-coindcx-hackathon-i-build-crypto-apps-that-scales/ ;
Reading Recommendation:
Indian Banks Still Cryptophobic Despite No Banking Prohibition: https://cointelegraph.com/news/indian-banks-still-cryptophobic-despite-no-banking-prohibition ;
Is Your Bank Not Supporting Cryptocurrency Trading: Here are 3 Things You Can Do: https://www.youtube.com/watch?v=U2Uga4bO4ZI&t=3s ;

Ethereum Hits All-Time High+Former Cricketer Brett Lee Donates 1 Bitcoin for COVID-19 Relief Efforts in India+More Crypto News May 02, 2021

Show notes

Donate Crypto to Sandeep Nailwal's Crypto Relief Campaign: https://cryptorelief.in/
Donate WRX, BUSD or USDT for COVID-19 relief efforts: https://donate.wazirx.com/
Here are the top cryptocurrency news headlines from India this week:
Ethereum Hits All-Time High;
Tweet thread by Spencer Noon - 10 signs $ETH is well on its way to $10k: https://twitter.com/spencernoon/status/1388141627764613122 ;
Cricketer Brett Lee donates 1 Bitcoin for COVID-19 relief efforts in India: https://www.youtube.com/watch?v=iMt3lmVLBso&t=1s ;
Binance To Donate over 1000 Oxygen Connectors to India: https://coincrunch.in/2021/05/02/binance-to-donate-over-1000-oxygen-connectors-to-india-amid-covid-19-crisis/ ;
ICICI Bank Reportedly Shutting down Crypto Trades: https://economictimes.indiatimes.com/markets/forex/lack-of-clarity-icici-shuts-out-crypto-trades/articleshow/82334138.cms
Bitbns to provide users 3% annual returns on their crypto holdings: https://medium.com/bitbns/users-to-get-annual-return-on-hodling-20002c636239 ;
WazirX exchange launches QuickBuy option: https://blog.wazirx.com/wazirx-launches-quickbuy-option/
CoinDCX lists ATOM and UNI tokens on its CoinDCX Go app;
Unocoin lists BUSD in its INR market.
Reading Recommendation:
Could India become a tech powerhouse for innovation if it lands a pro-crypto policy?: https://www.financialexpress.com/money/cryptocurrency-could-india-become-a-tech-powerhouse-for-innovation-if-it-lands-a-pro-crypto-policy/2237377/ ;

Tiger Global invests $25 million in CoinSwitch Kuber+Vitalik Buterin Donates $600K in Crypto for COVID-19 Relief in India+More Crypto News Apr 25, 2021

Show notes

Donate Crypto for COVID-19 Relief (Link to Sandeep Nailwal's Tweet): https://twitter.com/sandeepnailwal/status/1385968552679727113
Sign up on Bitbns to purchase the hardware wallet: https://ref.bitbns.com/96092
Here are the top cryptocurrency news headlines from India this week:
Tiger Global invests $25 million in CoinSwitch Kuber: https://www.bloombergquint.com/business/tiger-global-makes-25-million-bet-on-indian-crypto-exchange ;
Ethereum Co-Founder Vitalik Buterin Donates $600K in Crypto For COVID-19 Relief in India: https://gadgets.ndtv.com/internet/news/etheruem-cofounder-donates-covid-relief-100-eth-100mkr-rs-4-5-crore-india-vitalik-buterin-2421376 ;
Cryptocurrency exchanges in India on hiring frenzy as user base grows: https://timesofindia.indiatimes.com/business/india-business/cryptocurrency-exchanges-in-india-on-hiring-frenzy-as-user-base-grows/articleshow/82221820.cms ;
EY paper says Firms Like Ripple May Put ‘Competitive Pressure’ on Traditional Indian Banks: https://www.coindesk.com/ripple-blockchain-competitors-indian-banks ;
EasyFi network loses $6 million dollars in a hack: https://medium.com/easify-network/easyfi-security-incident-66c02a277a91 ;
New reports on a cryptocurrency ban start doing the rounds again: https://indianexpress.com/article/business/exit-window-likely-for-crypto-holders-old-transactions-to-be-under-scanner-7283861/ ;
Tata Steel and HSBC engage in a blockchain-enabled paperless trade deal: https://www.business-standard.com/article/companies/a-global-first-tata-steel-hsbc-do-blockchain-enabled-paperless-trade-deal-121042100658_1.html ;
Bitbns decreased the minimum trade amount on crypto: https://medium.com/bitbns/we-have-massively-decreased-minimum-trade-amount-d0468defd603 ;
CoinDCX lists BUSD in its USDT market and Mirror Protocol in its BTC and USDT markets;
WazirX lists Sia coin and Dent coin its INR market and PUSH in its USDT and INR markets

Coinbase lists on NASDAQ+MoS Finance Anurag Thakur reiterates that Indian government will protect interests of crypto investors Apr 18, 2021

Show notes

Here are the top cryptocurrency news headlines from India this week:
Coinbase IPO on NASDAQ: https://www.youtube.com/watch?v=iW0R7BUaHhM&t=24s ;
Binance launches Coinbase stock token: https://www.youtube.com/watch?v=TQrJqJa9Gow&t=62s ;
Indian traders looking to cash in on Coinbase listing left disappointed: https://www.livemint.com/market/mark-to-market/indians-looking-at-coinbase-listing-in-lieu-of-cryptocurrency-left-disappointed-11618470681655.html ;
Invest in the Cryptocurrency Industry from India without Directly Investing in Crypto: https://www.youtube.com/watch?v=9NzRGr4b84k&t=86s ;
Minister of State for Finance Anurag Thakur reiterates that government will protect interests of crypto investors: https://www.livemint.com/news/india/will-ensure-interest-of-crypto-investors-is-protected-anurag-thakur-11618215067597.html ;
Crypto Exchange CoinSwitch Kuber Sees 3.5X Higher Sign-Ups After IPL Ad Blitz: https://inc42.com/buzz/coinswitch-kuber-sees-3-5x-higher-sign-ups-after-ipl-ad-blitz/ ;
Berlin Hard Fork Is Now Live on Ethereum: https://www.coindesk.com/berlin-hard-fork-is-now-live-on-ethereum ;
WazirX Completes 4th Quarterly WRX Burn: https://blog.wazirx.com/wazirx-completes-4th-quarterly-wrx-burn/ ;
Reading Recommendation:
Is there a future for Cryptocurrency in India? A look at recent discussions in Parliament: https://www.financialexpress.com/money/is-there-a-future-for-cryptocurrency-in-india-a-look-at-recent-discussions-in-parliament/2226036/ ;

Bitcoin Heading Towards a New ATH+Tech Mahindra to Launch Blockchain Solution for BFSI Clients+More Crypto News Apr 11, 2021

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Our top cryptocurrency news headlines from India this week:
Bitcoin heading towards a new All-Time High;
Tech Mahindra to launch blockchain solution for BFSI clients: https://www.livemint.com/companies/news/tech-mahindra-to-launch-blockchain-solution-for-bfsi-clients-11617605916045.html ;
UNDP and Spices Board ink MoU for blockchain-powered system: https://www.thehindu.com/news/national/karnataka/spices-board-inks-deal-with-undp-to-develop-blockchain-powered-traceability-interface/article34255490.ece ;
CoinDCX introduces 7M token listing framework: https://coincrunch.in/2021/04/08/coindcx-go-introduces-7m-a-listing-framework/ ;
WazirX clocks $1.2 billion dollars in weekly trading volume;
Bitbns announces listing of Playcent;
Zebppay lists SwipeWallet’s SXP token in its INR market
Reading Recommendation:
Can digital currencies and crypto investors help close India’s SME financing gap?: https://pn.ispirt.in/can-digital-currencies-and-crypto-investors-help-close-indias-sme-financing-gap/

WRX token storms to its ATH as WazirX launches decentralized NFT Marketplace+Flipkart’s April Fool’s joke on Bitcoin+more crypto news Apr 06, 2021

Show notes

Follow us on Twitter @TheCryptoDost: https://twitter.com/TheCryptoDost
Here are the top cryptocurrency news headlines from India this week:
WRX token storms to all-time high as WazirX launches its decentralized NFT Marketplace: https://cryptopotato.com/wazirx-wrx-price-soars-250-to-ath-following-nft-platform-launch/ ; Flipkart’s April Fool’s joke boosts #IndiaWantsCrypto campaign;
Minister Anurag Thakur clarifies that gains arising from crypto are taxable: https://www.medianama.com/wp-content/uploads/2021/03/AU31051.pdf ;
Indian crypto companies submit a representation to the government to showcase crypto benefits: https://inc42.com/buzz/crypto-ban-will-lead-to-loss-of-innovation-says-industry/ ;
Cryptocurrency collective to reach out to FM, RBI to address concerns: https://economictimes.indiatimes.com/tech/technology/latest-outreach-by-crypto-exchanges-addresses-governments-concerns/articleshow/81739103.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Polkadot and Web3 to Start Hackathon in India: https://coincrunch.in/2021/04/04/polkadot-and-web3-to-start-hackathon-in-india/ ;
Bitbns' BNS token hits ATH;

Indian Government asks companies to disclose crypto holdings+RBI Governor Shaktikanta Das speaks on cryptocurrencies+more crypto news Mar 28, 2021

Show notes

Here are the top cryptocurrency news headlines from India this week:
Ministry of Corporate Affairs asks companies to disclose crypto holdings: https://www.livemint.com/news/india/govt-asks-companies-to-disclose-crypto-transactions-and-holdings-11616669640449.html ;
RBI Governor Shaktikanta Das speaks on cryptocurrencies: https://www.youtube.com/watch?v=KvecgJxauiI ;
Anurag Thakur answers six questions related to crypto in the Rajya Sabha: https://twitter.com/CryptooIndia/status/1374601848003301376/photo/2 ;
Reports about considering blocking IPs of crypto exchanges: https://www.businesstoday.in/current/economy-politics/centre-may-block-ip-addresses-of-cryptocurrency-exchanges/story/434503.html ;
Coinbase hiring in India: https://www.coindesk.com/coinbase-announces-new-presence-in-india-even-as-potential-ban-on-crypto-looms ;
India Explores Blockchain-Based E-Voting By 2024 General Elections: https://inc42.com/buzz/india-explores-blockchain-based-e-voting-by-2024-general-elections/ ;
Paxful Launches Built With Bitcoin: https://coincrunch.in/2021/03/25/paxful-launches-built-with-bitcoin/ ;
Reading Recommendation:
Decision Whether To Embrace Cryptocurrencies Or To 'Ban' Lies With People Of India, Not RBI: https://thelogicalindian.com/economics/decision-whether-to-embrace-cryptocurrencies-or-to-ban-lies-with-people-of-india-27614

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