India

Tough Measures in India’s Crypto Bill, NFTs a Hot Christmas Gift
Updates to Australian crypto regulation proposed. Jail a possible penalty for violations of India’s proposed crypto bill. NFTs a hot gift this holiday season. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

India’s Crypto Bill Proposes ‘Arrest Without Warrant’: Report
Dealing in crypto could lead to an arrest without a warrant, and would be “non bailable,” according to the report.

VCs in Talks to Invest $50M–$150M in Polygon: Report
Investors like Sequoia Capital India and Steadview Capital are eyeing an investment in the Ethereum layer 2.

Flipkart Co-Founder-Backed Navi Mutual Fund Files for Blockchain Fund in India
The filing comes after Invesco deferred the launch of a similar fund due to the regulatory uncertainty in the country.

Shiba Inu and Luna on a Tear, K-Pop Bets on Digital Assets
India crypto bill description described as misleading. Shiba Inu coin and Terra token Luna on a tear. K-pop industry betting on digital assets. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Korea Crypto Tax Postponed, CoinDCX Looks to IPO
Korea’s KB Kookmin Bank develops virtual banking services. Imposition of Korea’s crypto tax postponed. India’s CoinDCX looking to IPO when legislation allows. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Omicron Hits Markets, Japanese Novel Released as NFT
Singapore’s Coinstore enters India despite ongoing regulatory wrangling. Crypto markets hit by Omicron variant. Japanese sci-fi novel Pure released as NFT. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Indian Finance Minister Says Monitoring Crypto Ads; Not Weighing Ban
The Indian government is set to bring out a new crypto draft bill in the winter session of parliament.

Bitcoin's Price Trajectory Ahead of Thanksgiving Weekend
CoinDesk's Galen Moore discusses what to make of bitcoin's price trajectory as the cryptocurrency is holding support above its 100-day moving average of $53,700. Plus, potential headwinds out of India amid talks of a bill banning cryptocurrencies in the country, and reactions to Salvadoran Ambassador to U.S. saying bitcoin challenges the U.S.' monetary authority.

Indian Crypto Unicorn CoinDCX Plans to IPO Once Regulations Permit: Report
The Indian government has reportedly proposed a bill that will ban private crypto tokens.

