India
India’s Newest Crypto ‘Unicorn’ CoinSwitch Kuber in Talks with Government over Regulation: Report
CEO Ashish Singhal said the company is making “amazing progress” in its conversations with the government and regulators.

A16z, Coinbase Back CoinSwitch Kuber in $260M Funding Round
The Indian exchange is valued at $1.9 billion, making it India’s second crypto “unicorn.”

Large Institutional, DeFi Activities Dominate India Crypto: Chainalysis
The blockchain research group thinks the country could soon become a regional hub for cryptocurrency-related investments.

CoinDCX Appoints Bollywood Superstar Amitabh Bachchan as Brand Ambassador
CoinDCX is confident the superstar’s mass appeal will bring more visibility for the crypto industry.

Crypto Industry Could Add $184B of Economic Value to India by 2030: NASSCOM
The industry currently employs 50,000 people in India, a number which is expected to grow to over 800,000 by the end of the decade.

Upbit Passes Korea Crypto Race Post, P2P Transactions Surge in India
Upbit was named as the first officially licensed crypto exchange under new Korean regulations. India sees a surge in peer-to-peer transactions amid banking challenges. Cosmos hits an all-time high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

CrossTower Launches Trading Platform in India: Report
Thirty-five people have been hired to operate the new unit in India, with plans to increase headcount to 100 in the coming months.

Invesco Mutual Files for Blockchain Fund in India
The mutual fund will primarily invest in the company’s Elwood Global Blockchain UCITS ETF.

Tax Crypto Based on Payments Channel, Former Indian Official Says
The former central banker stressed the need to keep a tab on crypto transactions through a central repository.

CoinSwitch Kuber in Fundraising Talks to Make It India’s Second Crypto Unicorn: Report
The funding round, thought to be worth over $100 million, may be finalized by the end of this month

