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India's HDFC Bank Calls Bitcoin a Fad as Exchanges Mull Legal Fight Over Restrictions

HDFC noted a link between bitcoin prices and searches on Google.

Indian rupees

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Sandeep Nailwal: India Crypto Covid Relief Fund 'Kind of Exploded' After Buterin's Donation

Sandeep Nailwal, a co-founder of Polygon, started a crypto relief fund for India as it battles a deadly second wave of COVID-19. The fund attracted several big names in crypto, including Ethereum creator Vitalik Buterin, who donated approximately $1 billion n SHIB tokens. Nailwal joins "First Mover" to discuss the success of the relief fund and whether it is shifting government opinion of crypto in India. Plus, will he be liquidating all the donated SHIB?

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Ripple to Deliver First Real-Time Payments From Oman to India Using Blockchain

Customers of BankDhofar will be able to use its mobile app to send real-time payments to IndusInd accounts.

Omani Riyals

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India’s Government May Form Panel to Study Regulating Crypto: Report

The news comes amid the view that proposals for a blanket ban are outdated.

RBI entrance in New Delhi, India

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India's Developers Are Web 3's Sleeping Giant

Regulatory uncertainty has held back India's 4.2 million-strong developer base from embracing blockchain tech, says our columnist.

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Banks Are Already Cracking Down on Crypto, Indian Traders Say

Indian crypto traders are receiving account closure notes from banks, and exchanges see issues with bank transfers

Indian rupees

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Binance's Indian Crypto Exchange Lists SHIB Token as Vitalik Gift Garners Local Press

The new listing comes a day after Ethereum's founder donated $1 billion in SHIB to India Covid Relief Fund.

The Gateway of India in Mumbai.

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Reserve Bank of India Discourages Lenders From Dealing With Crypto Exchanges: Report

India’s central bank has been unofficially asking banks why they are dealing with crypto businesses.

Reserve Bank of India

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India's Central-Bank Owned Retail Payments Platform Refuses to Ban Crypto Transactions

The agency told banks they should consult their legal and compliance departments on whether they should block transactions on their own systems.

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‘Everyone Has Been Bitten By The Chia Bug’; Indian Banks Puzzle Crypto

The Indian crypto industry speaks out after banks try to block crypto transactions based on a banking ban that no longer exists. The Chia bug keeps on biting. The “green” alternative crypto coin has one exchange calling the first week of trading “crazy.”

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