Let’s Admit It – The Indian Government Doesn’t See Crypto Positively

Here are the top cryptocurrency news headlines from India this week:
Crypto exchanges resort to P2P after a 60% drop in trading volumes: https://inc42.com/buzz/after-nearly-60-drop-in-crypto-trading-volumes-indian-crypto-exchanges-resort-to-p2p-method/ ;
Indians’ interest in cryptocurrency is declining since Budget 2022, Google data suggests: https://www.financialexpress.com/digital-currency/crypto-tax-impact-indians-interest-in-cryptocurrency-decline-since-budget-2022/2500536/ ;
Freeze on crypto payments like a shadow ban on the industry: https://economictimes.indiatimes.com/markets/cryptocurrency/is-the-freeze-on-crypto-payments-in-india-a-shadow-ban/articleshow/90978354.cms ;
IMF Official says crypto regulation is high on the agenda for India: https://news.bitcoin.com/imf-official-regulating-crypto-assets-is-high-on-the-agenda-for-india/ ;
Sitharaman pitches for global framework to prevent cryptocurrencies from being used for money laundering: https://economictimes.indiatimes.com/news/economy/policy/fm-sitharaman-pitches-global-framework-to-regulate-crypto-currencies/articleshow/90927206.cms ;
Stripe partners with Polygon to enable crypto payouts: https://inc42.com/buzz/stripe-indias-polygon-enable-crypto-payouts-starting-twitter/ ;
Polygon’s Sandeep Nailwal calls for a single crypto regulator in India: https://www.coindesk.com/policy/2022/04/22/india-needs-a-single-crypto-regulator-says-polygon-co-founder/ ;
RBI rejects MobiKwik’s payment aggregator licence: https://www.businesstoday.in/industry/banks/story/exclusive-rbi-rejects-mobikwiks-payment-aggregator-licence-support-to-crypto-exchanges-likely-reason-330702-2022-04-21 ;
Cricket NFT platform Rario raises $120 million: https://economictimes.indiatimes.com/tech/technology/cricket-nfts-platform-rario-raises-120-million-led-by-dream-capital/articleshow/90963022.cms ;
IIT Delhi partners with Binance to issue NFT tickets: https://www.livemint.com/companies/news/iit-delhi-partners-binance-to-issue-nft-tickets-for-college-fest-11650538191826.html ;
CoinDCX tops $2 billion valuation in new $135 million funding: https://techcrunch.com/2022/04/18/indian-crypto-exchange-coindcx-tops-2-1-billion-valuation-in-new-135-million-funding/ ;
WazirX lists PlayDapp (PLA), Highstreet (HIGH), Alchemix (ALCX) and Render Token (RNDR) in its USDT market and Nebulas (NAS) in its INR market;
Zebpay lists Stepn’s GMT token in its INR and USDT market;
Bitbns lists Trace Network’s TRACE token in its INR market;

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• Source: https://www.spreaker.com/user/10779927/lets-admit-it-the-indian-government-does