India
India Proposes Crypto Ban; Metaverse Race Heats Up
Korean government to review harsher penalties for crypto crime. India bill proposes ban on private cryptocurrencies. Race for the metaverse heating up. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Stablecoin Tether Crashes on Indian Exchanges, Traders Buy The Dip
A single tether is supposed to be worth $1 or rupees 74.37 as per the current dollar-rupee exchange rate.
Indian Government Submits Bill to Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure
While the bill might be the same as the draft submitted in January, expectations had grown that the government would submit a final version that would be accommodative to crypto.
Key Factors Impacting Bitcoin Market Movement This Week
“All About Bitcoin's” Week in Review panel discusses what to make of this past week's significant markets sell-offs, examining the potential impact of China's continued mining crackdown and India's efforts to ban crypto transactions. Plus, reactions to the iconic Staples Center being renamed as the Crypto.com Arena in one of the biggest naming deal in sports history.
Invesco Defers Launch of Blockchain ETF in India
The fund manager cited regulatory uncertainty; India’s government is discussing new crypto legislation.
India’s Modi Asks Democracies to Cooperate on Crypto
The Indian Prime Minister said crypto can “spoil our youths.”
India to Ban Crypto as Payment Method but Regulate as Asset: Report
The Modi government will also ban active solicitation from crypto firms, such as ads.
India to Reportedly Ban Crypto as Payment Method but Regulate as Asset
Government sources reveal India will allegedly ban the use of cryptocurrencies for making payments but will allow and regulate the trading of crypto as assets. The Modi government will also ban active solicitation from crypto firms, such as ads. “The Hash” group discusses the latest continuation of India’s complicated relationship with crypto affairs.
Indian Central Bank Governor Says Blockchain Technology Can Thrive Without Cryptocurrencies
There are far deeper issues involved with cryptocurrencies, RBI’s Shaktikanta Das said.
Indian Government to Take ‘Progressive’ Steps on Crypto, Sources Say After PM Modi’s Meeting
The Parliamentary Standing Committee on Finance will meet industry representatives next week to seek their views.
