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Finance
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.

BitNile to Lend Up to $100M to Small Businesses Backed by Bitcoin
Loans will range from $1 million to $25 million and be offered to publicly traded companies with less than $250 million in market capitalization.

France's Crypto Industry Fights Institutional Caution
A Web 3 summit in Paris has vaunted the country’s strengths and talent pool, but crypto advocates must battle for acceptance from skeptical financiers.

Want to See the Future of Banks? Look at Telcos
DeFi may allow banks to offer a wide range of services fast and efficiently, but in the end, these organizations will focus on their traditional, core strengths.

Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG
The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.

Could Chainlink Be the Driver for DeFi’s Growth? Bank of America Thinks So
Chainlink (LINK) could accelerate the adoption of next-generation blockchain use across finance, insurance, supply chain, gaming and gambling, Bank of America said in a research report following an investor call with Chainlink co-founder Sergey Nazarov.

An Incumbent Enters the Disruption Game
A new digital wallet, launched by well-known asset manager WisdomTree, will bring tokenized assets and funds to the advisory and institutional spaces. Is the blockchain disruption to finance not as far off as we think?

India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee
Finance Minister Nirmala Sitharaman noted the moves during the country's annual budget speech to Parliament.
