India

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

India’s Zee Studios Announces NFT Drop on Polygon
The Indian entertainment giant is offering an NFT of a signed poster from one of its movies.

India’s Crypto Startups Come of Age, Despite Uncertainty
Despite regulatory confusion, blockchain startups in India are finally garnering investor interest and economic stability

The9 Launches NFT Platform, Securities and Futures Commission of Hong Kong Issues Crypto Warning
China’s The9 launches NFT platform, Hong Kong’s Securities and Futures Commission (SFC) issues crypto warning, and an Indian teen makes thousands from selling NFT art. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Bollywood Legend Amitabh Bachchan to Launch NFT Collection
The collection will be themed around his life.

India Could Launch CBDC Trials Later This Year, According to Central Bank Governor: Report
Deputy Governor T. Rabi Sankar said the central bank is studying matters related to security and the broader impact a CBDC would have on monetary policy.

India's Securities Watchdog to Launch System for Monitoring Financial Instruments
The move marks a significant step for the use case of blockchain technology within India's financial ecosystem.

