India

Coinbase Layoffs Include 8% of India Team
The company said Tuesday it is shedding 1,100 employees, or 18% of its global workforce.

Do Kwon Loses Appeal; India’s Crypto Pirate Warning
Do Kwon, Terra lose in court against US SEC.India’s chief economic advisor compares crypto to world of Caribbean pirates.Circle’s head of policy calls CBDCs a ‘preposterous idea’. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Litecoin Gets the Boot; India’s Tax Typo
Litecoin kicked out of South Korean crypto exchanges.Indian government clarifies crypto tax cut to 0.1% was a ‘typo’ error.Veteran investor Jim Rogers weighs in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

US Senators’ Crypto Bill; India’s Crypto Taxes Bite
Industry players weigh in after US crypto bill unveiled. Indian crypto exchange WazirX warns of tough year ahead. Singapore’s ADDX to recognize crypto assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Bitcoin Might, in Fact, Be the Great ‘Equalizer’
A new global survey drills in on the perception of Bitcoin around the world, and the findings appear to be generally optimistic for global equity.

First Mover Asia: Bitcoin Climbs Past $30K, but Bearish Sentiment Remains
Cryptos were largely in the green, although trading was choppy; India crypto investors receive some upbeat news.

Indian Exchange CoinSwitch Kuber Unveils Crypto Rupee Index
The Crypto Rupee Index (CRE8) will track the performance of the eight biggest crypto assets denominated in Indian rupees instead of the U.S. dollar.

Polygon Increases KYC Scrutiny of Potential Investments and Grants in India
Polygon is now requiring extensive customer details for prospective partners in India as regulatory scrutiny there grows, according to a source.

Wallet Firm Liminal Raises $4.7M From Elevation Capital, CoinDCX, Sandeep Nailwal and Others
Liminal was founded by Mahin Gupta, who previously co-founded Zeb Pay, a prominent Indian crypto exchange.

Mirror Protocol Crisis Averted; ETH Crosses $2,000 Mark
Indian official says crypto consultation paper almost ready. Social media users highlight price mismatch in Terra’s Mirror Protocol. Ether crosses $2,000 mark as crypto market rises. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

