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India
Binance-Owned Indian Exchange Taps TRM Labs for Anti-Fraud Management
WazirX says the partnership is a reinforcement of its commitment to detecting and preventing illicit activity.

Indian Investments in Crypto Have Exploded: Report
Crypto investments in the country have surged to $6.6 billion from $923 million a year ago.

Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group
More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

India's Crypto Investors Could Face 2% Levy on Purchases From Overseas Exchanges
It may be difficult for the government to impose the levy in the absence of a regulatory framework for the treatment of crypto assets.

15 Banks Form New Company to Process Letters of Credit in India Using Blockchain Technology
IBBIC's new system will verify data for invoices on goods and services tax, eliminate paperwork and significantly reduce transaction times.

Binance's WazirX Issued With Show Cause Notice by India’s Enforcement Directorate
WazirX denied receiving any show cause notice from the agency.

Indian Government Poised to Loosen Tough Stance on Crypto: Report
It's the latest twist in India's oft-changing posture toward fast-growing crypto markets.

Major Crypto Exchanges Seek India Entry Despite Regulatory Uncertainty: Report
There is a bill pending in parliament, which seeks to ban private cryptocurrencies.

India Crypto Feud Continues; Korea Mining Thief Busted
India’s crypto industry takes matters into its own hands. Canaan offers service in Kazakhstan as miners flee China, and a crypto thief in Seoul is busted. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

SpaceChain Shoots Blockchain to Space; Cardano’s Bridge to China
Singapore startup SpaceChain will send its blockchain tech to the International Space Station aboard Falcon 9. Cardano announces its first cross-chain bridge with China’s Nervos Network. Indian cryptocurrency exchange WazirX and Korbit in South Korea launch, their nation's first NFT platforms. We’ll have more on that story – and other news shaping the cryptocurrency and blockchain world – in this episode of The Daily Forkast, June 2.
