Cryptocurrency India Weekly

Here are the top cryptocurrency news headlines from this week:
Leading Indian crypto exchanges raided over alleged tax evasion: https://www.ndtv.com/india-news/dggi-cracks-down-on-cryptocurrency-exchanges-across-country-rs-70-cr-tax-evasion-detected-2682998 ;
Sign-ups lag on Indian exchanges after regulatory imbroglio: https://economictimes.indiatimes.com/markets/cryptocurrency/sign-ups-lag-on-crypto-exchanges-as-government-defers-bill/articleshow/88603928.cms ;
Exchanges struggle to get insurance cover for cyber risks: https://timesofindia.indiatimes.com/city/chennai/crypto-bourses-cant-get-cover-for-cyber-risks/articleshow/88577762.cms ;
SEBI asks Mutual Funds to stay away from crypto-related products: https://news.bitcoin.com/indian-regulator-sebi-wants-mutual-funds-to-stay-away-from-crypto-investments-until-legislation-is-finalized/ ;
CoinSwitch Kuber report shows rising number of women investors in the space: https://gadgets.ndtv.com/cryptocurrency/news/cryptocurrency-india-2021-coinswitch-kuber-userbase-women-15-percent-report-2676239 ;
PM Modi launches blockchain-based degree transfer tech for digital degrees at IIT Kanpur: https://timesofindia.indiatimes.com/india/pm-launches-blockchain-based-degree-transfer-tech-for-digital-citations-at-iit-k-convocation/articleshow/88552279.cms ;
Right-wing group calls for ban on crypto: https://www.coindesk.com/policy/2021/12/27/indian-ruling-party-aligned-group-takes-stance-on-crypto-regulation/ ;
CoinSwitch launches Shiba Inu with Riskometer;
WazirX lists Bread (BRD), Benqui (QI) and Nuls (NULS) in its USDT market;
Zebpay lists Terra (LUNA) and in its INR market;

Here are the top cryptocurrency news headlines from India this week:
India’s cryptocurrency bill likely to be ready only by May: https://www.coindesk.com/policy/2021/12/23/indias-crypto-law-might-not-be-ready-before-may-sources-say/ ;
India ends Winter Session of Parliament with no crypto bill in sight: https://www.businessinsider.in/cryptocurrency/news/no-india-crypto-bill-in-sight-even-after-winter-session-of-parliament-comes-to-a-close/articleshow/88449161.cms ;
Crypto bill likely to ask exchanges to appoint a grievance officer: https://www.businessinsider.in/cryptocurrency/news/india-may-ask-crypto-exchanges-to-appoint-grievance-officers-in-crypto-bill/articleshow/88384965.cms ;
RBI flags concerns on stablecoins: https://economictimes.indiatimes.com/tech/technology/rbi-raises-fresh-concerns-over-stablecoins/articleshow/88460294.cms?from=mdr ;
Narcotics Control Bureau getting trained in crypto: https://coincrunch.in/2021/12/22/india-parliamentary-updates-on-crypto-delhi-courts-summon/ ;
Code of conduct for crypto ads coming soon: https://www.thehindubusinessline.com/money-and-banking/cryptocurrency/crypto-ads-self-regulation-guidelines-likely-to-be-out-soon/article38025971.ece ;
Big 4 ask employees to disclose crypto investments: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/big-4-ask-employees-to-disclose-this-years-crypto-investments/articleshow/88499412.cms ;
IIT Kharagpur invites applications for free online course on blockchain technology: https://www.telegraphindia.com/edugraph/news/iit-kharagpur-invites-applications-for-free-online-course-on-blockchain-technology/cid/1844368 ;
WazirX lists Ooki Protocol (OOKI), Beam (BEAM), Mobox (MBOX), Request (REQ) and QuickSwap (QUICK);
Zebpay lists Solana (SOL) in its INR market;
Bitbns lists MYNE token in its INR market;

Here are the top cryptocurrency news headlines from India this week:
India’s crypto bill unlikely to be tabled in the Parliament in the current session: https://www.ndtv.com/business/crypto-bill-wont-be-tabled-before-cabinet-today-more-changes-expected-2652033 ;
RBI reiterates that it is not in favour of “private cryptocurrencies” in its board meeting: https://www.ndtv.com/business/reserve-bank-of-india-rbi-central-board-discusses-cryptocurrencies-internal-members-not-in-favor-2656766 ;
IMF’s Chief Economist Gita Gopinath says crypto ban tough to impose: https://www.moneycontrol.com/news/business/cryptocurrency/imfs-gita-gopinath-suggests-regulation-and-not-ban-for-cryptocurrency-seeks-global-policy-7830641.html ;
WazirX survey reveals Indians are increasingly viewing crypto as a strong asset class: https://wazirx.com/blog/download/2021-year-of-the-crypto-report/ ;
Exchanges paying top dollars for hiring crypto talent: https://economictimes.indiatimes.com/tech/startups/exchanges-offer-top-dollar-for-crypto-talent-in-india/articleshow/88367315.cms ;
TCS in talks with state governments to set up blockchain infrastructure: https://www.thehindubusinessline.com/info-tech/tcs-in-talks-with-states-to-set-up-blockchain-infra/article37940481.ece ;
Botnet hijacking plagues crypto transactions in India: https://www.thehindu.com/sci-tech/technology/internet/botnet-hijacking-hundreds-of-crypto-transactions-in-india/article37978118.ece ;
Pune cyber cops registered 54 cryptocurrency cheating cases: https://timesofindia.indiatimes.com/city/pune/cryptocurrency-cheating-cases-up-from-2-to-54-in-yr/articleshow/88244979.cms ;
CoinSwitch Kuber joins hands with the government of Telangana and Lumos Labs to launch the India Blockchain Accelerator;
Unocoin launches new Instant Bank Deposit feature;
Bitbns announces Commonwealth IDO on its Ascent Launchpad platform;
WazirX lists Cortex (CXTC) in its USDT market and GXChain (GXS) in its INR market;
Zebpay lists ANKR in its INR and USDT market;
CoinDCX crosses the milestone of 7.5 million users

Here are the top cryptocurrency news headlines from India this week:
India’s crypto bill likely to restrict exchange to exchange transfers: https://www.businessinsider.in/cryptocurrency/news/india-to-ban-crypto-exchange-to-exchange-transfers-and-launch-crypto-wallet/articleshow/88184151.cms ;
Indian crypto bill to call for a uniform KYC process for all crypto exchanges: https://timesofindia.indiatimes.com/business/cryptocurrency/blockchain/indian-crypto-bill-to-call-for-a-uniform-kyc-process-for-all-crypto-exchanges/articleshow/88161650.cms ;
PM Narendra Modi to take the final call on India’s crypto regulations: https://economictimes.indiatimes.com/news/economy/policy/pm-modi-to-take-final-call-on-cryptocurrency-regulatory-framework/articleshow/88196615.cms ;
PM Modi's Twitter Account Hacked, Bitcoin giveaway scam promoted;
RBI developing two variants of CBDC: https://coincrunch.in/2021/12/08/rbi-is-developing-two-variants-of-cbdc/ ;
Kotak Mahindra bank opens doors for WazirX exchange: https://economictimes.indiatimes.com/markets/cryptocurrency/kotak-breaks-crypto-ice-with-account-for-wazirx/articleshow/88112772.cms ;
BACC calls for a separate crypto regulator: https://www.thehindubusinessline.com/money-and-banking/crypto-industry-bats-for-a-regulator/article37927246.ece ;
Indian VC firms betting big on Web 3.0 Startups: https://economictimes.indiatimes.com/tech/startups/indian-vc-firms-betting-big-on-web-3-0-startups/articleshow/88148168.cms ;
Polygon acquires Mir for $400 million: https://coincrunch.in/2021/12/10/polygon-acquires-zk-rollup-project-mir-for-400m/ ;
Polygon and Lumos Launch Web3 Accelerator: https://coincrunch.in/2021/12/09/polygon-and-lumos-launch-web3-accelerator/ ;
Blockchain startup Router Protocol raises $4.1 million: https://economictimes.indiatimes.com/tech/funding/blockchain-startup-router-protocol-gets-4-1-million-from-coinbase-ventures-others/articleshow/88205882.cms ;
Unocoin has launched a new feature called Shake and Earn;
CoinDCX crypto exchange to go global in 2022: https://cointelegraph.com/news/indian-coindcx-crypto-exchange-to-go-global-in-2022-says-exec ;
WazirX lists Ethereum Name Service (ENS), SushiSwap (SUSHI), Maker (MKR) and Alien Worlds (TLM);
Register for the Plenty Global Hackathon:

Here are the top cryptocurrency news headlines from India this week:
Finance Minister Nirmala Sitharaman clarifies that India’s Cryptocurrency Bill is not the same as the previous version: https://coincrunch.in/2021/11/30/new-crypto-bill-finance-minister/ ;
ASCI In Talks With Government Over Cryptocurrency Advertising: https://inc42.com/buzz/asci-in-talks-with-government-over-cryptocurrency-advertising/ ;
SEBI likely to regulate the crypto industry in India: https://www.ndtv.com/business/all-private-cryptocurrency-will-be-regulated-not-banned-sources-2634414 ;
India's new crypto law set to red-flag chit fund, MLM business models: https://economictimes.indiatimes.com/industry/banking/finance/banking/indias-new-crypto-law-set-to-red-flag-chit-fund-mlm-business-models/articleshow/88040313.cms ;
Cryptocurrencies may be added to existing tax laws: https://economictimes.indiatimes.com/news/economy/finance/govt-looking-to-add-cryptocurrencies-to-tax-law/articleshow/88082435.cms ;
Mukesh Ambani hails India’s effort to introduce the cryptocurrency bill: https://indianexpress.com/article/technology/crypto/cryptocurrency-bill-india-mukesh-ambani-7654621/ ;
Ministry of Electronics and Information Technology releases National Strategy on Blockchain: https://www.business-standard.com/article/economy-policy/meity-proposes-national-blockchain-strategy-for-adoption-across-sectors-121120400047_1.html ;
Silicon Valley’s Draper Dragon Fund makes India debut: https://economictimes.indiatimes.com/tech/funding/silicon-valley-crypto-fund-draper-dragon-eyes-india-debut/articleshow/87990727.cms ;
Navi Mutual Fund files for blockchain fund: https://www.moneycontrol.com/news/business/personal-finance/sachin-bansal-backed-navi-mutual-fund-files-for-blockchain-fund-7787941.html ;
Fintech startup Defy raises $5.5 million to build a social crypto exchange: https://www.livemint.com/market/cryptocurrency/defy-raises-5-5-mn-launches-india-s-first-social-crypto-exchange-11637232872411.html ;
CoinDCX plans to pursue IPO as soon as India regulations are in place:

Here are the top cryptocurrency news headlines from India this week:
Crypto bill triggers frenzy in India;
Crypto funds rethinking strategy amidst an uncertain regulatory environment: https://economictimes.indiatimes.com/tech/tech-bytes/crypto-focused-funds-rejig-strategy-amid-talk-of-trading-ban/articleshow/87917340.cms ;
Many crypto firms may look to exit India amid possibility of ban: https://www.indiatoday.in/business/story/cryptocurrency-blockchain-startups-firms-may-exit-india-amid-talks-of-ban-1881169-2021-11-26 ;
Technology think tank Policy 4.0 suggests a wallet-based approach to regulate cryptocurrencies: https://policyfourpointo.com/publications/ ;
Indian exchanges will not be releasing new advertisements: https://m.economictimes.com/news/economy/policy/large-cryptocurrency-players-say-no-to-new-ads-till-rules-are-set/amp_articleshow/87790433.cms ;
Tata Steel executes blockchain-enabled trade between India and Bangladesh: https://www.livemint.com/companies/news/tata-steel-executes-blockchain-enabled-trade-between-india-and-bangladesh-11637753231350.html ;
CoinDCX lists a bunch of new tokens under the CoinDCX Listing Carnival: https://blog.coindcx.com/announcements/coindcx-listing-carnival/ ;
WazirX lists SUN (NEW), SelfKey (KEY), Smooth Love Potion (SLP) and SuperRare (RARE) in its USDT market;
OKEx, UTORG partner to boost fiat currency based crypto purchase in India: https://www.livemint.com/market/cryptocurrency/okex-utorg-partner-to-boost-fiat-currency-based-crypto-purchase-in-india-11637820629189.html ;
Zebpay lists WinkLink (WIN) and Keep Network (KEEP) in its INR and USDT market;

Here are the top cryptocurrency news headlines this week:
Crypto market hits a new high of $3 trillion: https://cointelegraph.com/news/crypto-markets-tag-3t-combined-market-cap-for-first-time ;
Bitcoin Retreats From All-Time High, Ether Follows: coindesk.com/markets/2021/11/11/bitcoin-retreats-from-all-time-high-ether-follows/ ;
Indian government to meet crypto industry stakeholders: https://coincrunch.in/2021/11/11/parliamentary-committee-to-meet-crypto-players-of-india/ ;
Government committee sends questions to Indian crypto industry stakeholders ahead of closed door meeting: https://economictimes.indiatimes.com/tech/technology/parliamentary-panel-to-meet-crypto-stakeholders/articleshow/87637142.cms ;
India may move the crypto bill in the Winter session of the Parliament: https://www.cnbctv18.com/cryptocurrency/govt-likely-to-move-cryptocurrency-bill-in-parliaments-winter-session-work-on-to-modify-bill-11385552.htm ;
RBI Governor Shaktikanta Das expresses concerns over crypto again: https://www.livemint.com/market/cryptocurrency/rbi-governor-shaktikanta-das-sounds-alarm-on-cryptocurrencies-bitcoin-ether-bitcoin-price-crypto-trading-11636545340170.html ;
Numbers on crypto market participants highly exaggerated, says RBI Governor: https://economictimes.indiatimes.com/markets/cryptocurrency/numbers-on-crypto-market-participants-highly-exaggerated-rbi-governor/articleshow/87630014.cms ;
Young Indians getting into day trading crypto: https://economictimes.indiatimes.com/markets/cryptocurrency/day-trading-in-crypto-keeps-young-indians-busy-at-night/articleshow/87637464.cms ;
Crypto Scam Busted in Bengaluru, 3 Arrested: https://coincrunch.in/2021/11/08/crypto-scam-busted-in-bengaluru-3-arrested/ ;
Kerala Police Arrests Four For Ponzi Scheme Masquerading As Crypto Investment: https://inc42.com/buzz/kerala-police-arrests-four-for-crypto-investment-ponzi-scam/ ;
WazirX records trading volumes of over $36 billion in the past 12 months: https://www.business-standard.com/article/companies/indian-crypto-exchange-wazirx-registers-36-bn-of-trading-in-a-year-121111200794_1.html ;
WazirX completes its sixth quarterly WRX burn: https://wazirx.com/blog/wazirx-completes-6th-quarterly-wrx-burn/ ;
Zebpay lists Ethereum Name Service (ENS) in its INR and USDT market;
CoinDCX lists Shiba Inu (SHIB) and...

Here are the top cryptocurrency news headlines from India this week:
New report reveals Indians have invested over $10 billion in cryptocurrencies: https://finance.yahoo.com/news/india-investment-crypto-exceeds-10bn-122549498.html ;
Indian exchanges commit to a self-regulatory code of conduct;
Paytm may offer crypto trading if India regulates the asset class: https://economictimes.indiatimes.com/markets/cryptocurrency/paytm-may-launch-bitcoin-trading-if-india-legalises-cryptocurrency/articleshow/87521459.cms ;
Delhi High Court rejects Tata’s trademark injunction against “Tata Coin”: https://inc42.com/buzz/tata-sons-do-not-get-injunction-against-tata-coin-delhi-high-court/ ;
Amitabh Bachchan’s NFT collection records nearly $1 million in bids: https://gadgets.ndtv.com/cryptocurrency/news/amitabh-bachchan-nft-collection-auction-usd-966000-beyondlife-club-india-2600417 ;
Sunny Leone becomes first Indian actress to mint an NFT: https://economictimes.indiatimes.com/markets/cryptocurrency/sunny-leone-becomes-the-first-indian-actress-to-mint-nft/articleshow/87485410.cms ;
Faze Technologies raises $17.4 million from investors led by Tiger Global: https://www.livemint.com/companies/start-ups/faze-technologies-raises-17-4-million-led-by-tiger-global-11635935195888.html ;
Coinbase acquires Indian startup Agara: https://techcrunch.com/2021/11/01/coinbase-acquires-indias-agara-for-over-40-million/ ;
Chingari's GARI token sale raises $40 million within 24 hours: https://economictimes.indiatimes.com/markets/cryptocurrency/chingaris-crypto-token-raises-40mn-within-24-hours-of-its-live-sale/articleshow/87524155.cms ;
Zebpay announces ZebPay Xpress Listing initiative: https://zebpay.com/blog/announcing-zebpay-xpress-listing/ ;
WazirX invites top-tier liquidity providers to its new Market Maker Program: https://wazirx.com/blog/wazirx-market-maker-program/ ;
WazirX’s WRX token listed on KuCoin: https://www.kucoin.com/news/en-wazirx-wrx-gets-listed-on-kucoin?utm_source=twitterinfo ;

Here are the top cryptocurrency news headlines from India this week:
India’s new legal framework for crypto likely to be ready by Budget 2022: https://www.businesstoday.in/crypto/story/law-to-regulate-cryptocurrencies-likely-by-budget-310439-2021-10-26 ;
India's New Cryptocurrency Law Coming by Budget 2022, Crypto Trading to be Allowed: https://www.youtube.com/watch?v=nBvcw9SzRHo&t=3s ;
Indian expats leveraging crypto to remit money: https://economictimes.indiatimes.com/nri/invest/many-indian-expats-turn-to-crypto-to-remit-money/articleshow/87247432.cms ;
High Court asks RBI and SBI to respond to plea to revoke prohibition on use of UPI for cryptocurrency exchange WazirX: https://www.thehindu.com/business/Economy/high-court-asks-rbi-sbi-to-respond-to-plea-to-revoke-prohibition-on-use-of-upi-for-cryptocurrency-exchange/article37211213.ece ;
Shiba Inu scores over gold this Diwali: https://qz.com/india/2081382/indians-are-obsessing-over-shiba-inu-coins-this-diwali-not-gold/ ;
Ram Gopal Varma’s Dangerous becomes India’s first film for sale on blockchain: https://www.theweek.in/news/entertainment/2021/10/29/ram-gopal-varma-s-dangerous-is-indias-first-film-for-sale-on-blo.html ;
New Digital Wallet Launched for Actor Amitabh Bachchan’s NFT Debut: https://gadgets.ndtv.com/cryptocurrency/news/amitabh-bachchan-nft-digital-wallet-launch-beyondlifeclub-2591325 ;
Sunil Gavaskar all set to launch NFT collection: https://www.moneycontrol.com/news/trends/nfts-are-a-financial-opportunity-for-athletes-as-well-as-buyers-sunil-gavaskar-7646571.html ;
IPL teams are reportedly launching fan tokens: https://www.businessinsider.in/cryptocurrency/news/ipl-teams-to-launch-crypto-fan-tokens-giving-followers-a-bigger-say-in-club-decisions/articleshow/87205146.cms ;
Blockchain-based platform SportZchain raises $400,000: https://www.thehindubusinessline.com/money-and-banking/blockchain-based-platform-sportzchain-raises-400000/article37173289.ece ;
Reddit For NFT Enthusiasts Hyy.pe Raises Funds; To Launch 13 Collections On Platform: https://inc42.com/buzz/reddit-for-nft-enthusiasts-hyy-pe-raises-funds-to-launch-13-collections-on-platform/ ;
IAMAI appoints new co-chairs to its crypto council:

Here are the top news headlines from the crypto industry this week:
Indian crypto exchanges see a jump in trading volumes: https://economictimes.indiatimes.com/tech/technology/indians-hike-crypto-holdings-as-market-soars/articleshow/87195952.cms ;
SEBI bars investment advisors from advising on crypto: https://inc42.com/buzz/sebi-prohibits-registered-investment-advisors-from-advising-on-crypto/ ;
Rishabh Pant becomes the latest celebrity to hop on to the NFT bandwagon: https://www.moneycontrol.com/news/business/cryptocurrency/rishabh-pant-starts-his-nft-journey-with-rario-7593011.html ;
Polygon partners with DraftKings to accelerate adoption of NFTs and Web 3.0: https://inc42.com/buzz/polygon-and-us-based-draftkings-partners-to-accelerate-adoption-of-nfts-web-3-0/ ;
Mudrex Launches Mutual Fund-style Crypto Investment Product: https://inc42.com/buzz/mudrex-launches-mutual-fund-like-crypto-investment-product/ ;
Indian government testing blockchain technology to streamline logistics industry: https://qz.com/india/2075021/india-is-testing-blockchain-technology-for-its-logistics-industry/ ;
CoinDCX launches OTC desk for institutional crypto trading in India: https://economictimes.indiatimes.com/tech/technology/coindcx-launches-otc-desk-for-institutional-crypto-trading-in-india/articleshow/87159824.cms ;
WazirX lists Burger Swap, Standard Tokenization Protocol, Radicle, Bitcoin Diamond, and Oasis Network in its USDT market;
Zebpay lists Avalanche and Adventure Gold;
Unocoin lists Hedera in its INR and USDT markets;
CrossTower Uses Crypto Credit to Incentivise Indian Investors: https://beincrypto.com/crosstower-lures-indian-ivestors-with-crypto-credit/ ;