India
Bitcoin Will Make a Comeback, Rockefeller International Chairman Says
“We need the excesses to get weeded out,” Ruchir Sharma told CoinDesk TV.
Bitcoin Briefly Above $22,000; Binance Philippines Ban Urged
Bitcoin hits $22,000 as Fed cools recession fears. Philippines think tank calls for ban on Binance. India’s Directorate of Enforcement said to question crypto exchanges. Circle CFO Jeremy Fox-Geen on financial stability. Amid turbulent times, experts weigh in on opportunities in the GameFi space. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
India's Law Enforcement Agency Probes Crypto Exchanges for Forex Violations
The investigation comes amid a slide in the rupee to a record low versus the greenback.
Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions
Vauld has seen around $198 million in withdrawals since June 12.
India's Day Of Reckoning With ‘Most Controversial Crypto Tax’ Is Here
The country's 1% TDS is predicted to exacerbate negative market sentiment and add to the woes of the crypto community.
3AC Contagion Fears; Saylor Buys More Bitcoin
Three Arrows Capital reportedly told to liquidate while market contagion fears grow. Microstrategy buys another $10 million worth of bitcoin. N. Korea suspected of $100 million Harmony Horizon hack. India’s 1% tax deducted at source on crypto transactions starts tomorrow. K-pop metaverse artists log in to mainstream popularity. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Influencers Are Responsible for 92% of Crypto Ad Violations in India, Report Says
Violations included not carrying a required disclaimer or paid partnership tag on the ad, according to the Advertising Standards Council of India.
SBF Agrees Second Bailout; Pride in the Metaverse
Bitcoin, cryptocurrencies return to red with soaring U.K. inflation. Sam Bankman-Fried steps in to bail out BlockFi.Indian tax authorities to discuss 28% GST on crypto trading next week. Chinese regulators vow to prevent further crypto risks. Pride events head into the metaverse, offering a new safe space for the LGBT community. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
RBI, Indian Banks to Pilot Blockchain Trade Financing: Report
HDFC Bank, ICICI Bank and State Bank of India are among those participating in the project designed to prevent loan fraud.
India Clarifies Rules for Controversial Tax Provision Ahead of Start Date
The 1% tax deducted at source for virtual digital assets kicks in on July 1.
