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India
Thailand Warns Over DeFi; India Green Lights Cryptos
Thailand attempts to regulate decentralized finance. India’s central bank gives the green light for banks to support crypto transactions. Singapore’s DBS bank launches its first security token offering. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
RBI Says Banks Can't Quote 2018 Circular to Restrict Crypto Transactions
RBI's circular comes as Indian banks warn customers against using their services for crypto trading.
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.
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?
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.
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The news comes amid the view that proposals for a blanket ban are outdated.
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.
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
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.
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.
