India
India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Says
Jayant Sinha, one of India's senior politicians who helps oversee the financial evolution of the nation, told CoinDesk that the country is unlikely to bring a crypto or Web3-specific legislative bill anytime soon. CoinDCX CEO Sumit Gupta joins "First Mover" to discuss the state of crypto regulation and mainstream adoption in India.
India’s G20 Presidency, Blockchain Week Outlook
Host Angie Lau breaks down the crypto presence at India's G20 summit as global leaders discuss establishing a regulatory framework for digital assets. Plus, an outlook on the upcoming blockchain discussions in Singapore, Philippines and Dubai. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Grayscale Scores Legal Victory Against SEC; India Moves on Blockchain
Host Angie Lau takes a deep dive into Grayscale Investments' legal victory against the U.S. Securities and Exchange Commission (SEC) and what this means for other pending bitcoin ETF applications. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG). Plus, the state of blockchain developments in India. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Indian Crypto Exchange CoinDCX Is Slashing 12% of Jobs Amid Bear Market, Crypto Taxes
One of India's most prominent cryptocurrency exchanges, CoinDCX, is cutting about 12% of its staff as the prolonged bear market and India's tax policies hit revenue. CoinDesk regulatory reporter Amitoj Singh breaks down how crypto services are impacted by the stiff taxes India has imposed on the industry.
Nischal Shetty’s Blockchain Startup Shardeum Raises $5.4M in Latest Funding Round
Shardeum recently raised $5.4 million in strategic funding. The layer 1 blockchain was co-created by Nischal Shetty, who is also the co-founder of WazirX, India's largest crypto exchange by trading volume. Shardeum Chief Growth Officer Kelsey McGuire discusses the raise, how Shardeum stands out from the competition, and the state of U.S. crypto regulation.
Bitcoin ETFS, Azuki NFTs Take Off; India Presses for Crypto Rules
Host Angie Lau breaks down the recent wave of spot bitcoin ETF applications from TradFi giants and the drop in the floor prices of Chiru Labs' popular Azuki NFT collection. Plus, the state of crypto regulation in India. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
India Stepping Up CBDC Testing, Targeting One Million Digital Rupee Users By July
India's retail central bank digital currency (CBDC-R) architects are aiming to scale the user base of the digital rupee to one million users and have prioritized solving the challenge of creating an offline version, two people familiar with the matter told CoinDesk. "The Hash" panel discusses the latest in India's retail and wholesale CBDC pilots.
State of Crypto in India
CoinDesk Regulatory Reporter Amitoj Singh weighs in on the state of crypto in India while U.S. regulators crack down on the industry.
Texas Bill Limiting Benefits for Crypto Miners Passes Committee Vote
A proposed new law that could restrict key benefits for bitcoin miners in Texas passed a state Senate committee on Tuesday and is now headed to the full chamber. CoinDesk Regulatory Reporter Amitoj Singh explains what this could mean for miners in the state. Plus, insights on the state of crypto in India amid regulatory headwinds in the U.S.
India's Central Bank Exploring Privacy Legislation for Retail CBDC Users
India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions from the network's ledger in order to maintain anonymity, a highly placed person told CoinDesk. "The Hash" panel discusses the wider implications of preserving privacy on the blockchain, as lawmakers and individuals across the world have been concerned about the potential surveillance aspects of CBDCs.
