Latest from Amitoj Singh
Indian Central Bank Says Cryptos Could Lead to ‘Dollarization’ of Economy: Report
RBI officials said cryptocurrencies could undermine the central bank's capacity to regulate the flow of money.

India's Parliamentary Finance Body 'Chides' Crypto Industry in Meeting: Sources
The meeting was held in the Indian IT hub of Bengaluru, and was the second time the finance committee has met representatives of the crypto industry.

Algorand Scores FIFA Partnership, ALGO Price Surges
The blockchain will be a "regional supporter" for North America and Europe at this year's World Cup and an official sponsor of next year's Women's World Cup.

India Includes Crypto Businesses in New Rules for Cyber Security
The move is seen as a positive step that gives clarity to the crypto industry on several fronts.

India to Give Clarity on Tax Provision Within Two Months: Sources
The 1% tax deducted at source has been the biggest pain point in the new tax rules for India's crypto industry.

India Needs a Single Crypto Regulator, Says Polygon Co-Founder
A collective authority could encourage projects like Polygon to set up shop in India, co-founder Sandeep Nailwal told CoinDesk.

Germany's Commerzbank Applies for Local Crypto License
If the license application is accepted, the bank would be authorized to offer exchange and crypto-asset services.

Indian Crypto Exchange CoinDCX Raises Over $135M in New Funding Round
The raise brings CoinDCX's valuation to more than $2 billion, said co-founder and Chief Executive Sumit Gupta.

Some Indian Payment Processors Cut Off Local Crypto Exchanges
The moves follow a new tax on crypto profits and come as regulators pressure the payments companies, sources say.

Crypto Trading Volumes in India Collapse 10 Days After New Tax: Crebaco
The volume on WazirX, the country's largest exchange, has plunged by 72%.
