India

Rakesh Jhunjhunwala, chairman of Rare Enterprises
'India's Warren Buffett,' Rakesh Jhunjhunwala, Backs Bitcoin Ban
Jhunjhunwala told CNBC he "will never buy bitcoin" and that Indian regulators should step in and ban cryptocurrencies.
Rakesh Jhunjhunwala, chairman of Rare Enterprises

A Bank of India building in Mumbai.
India's Largest Bank Joins JPMorgan's Blockchain Payments Network
Liink, JPMorgan’s blockchain banking network, is based on a fork of Ethereum.
A Bank of India building in Mumbai.

U. K. Sinha, chairman of the Securities and Exchange Board of India.
India's Securities Regulator Wants IPO Promoters to Sell Crypto Holdings: Report
The reported move comes as India is moving towards a potential ban on non-governmental cryptocurrencies.
U. K. Sinha, chairman of the Securities and Exchange Board of India.

Rupees being counted
India Plans Twin Taxes on Exchanges and Traders Before Passing Crypto Bill: Report
A senior Finance Ministry official told a newspaper that taxation does not necessarily imply legality.
Rupees being counted

James McDowall, founding partner at Arcanum Capital
New Emerging Markets Fund Targets Blockchain, DeFi Startups
The Arcanum Emerging Technologies Fund will start in India, but its founders plan to expand to other regions.
James McDowall, founding partner at Arcanum Capital

Why Crypto Crackdowns In India And Nigeria Are Resurging
Why Crypto Crackdowns In India And Nigeria Are Resurging
India and Nigeria create new laws to restrict access to cryptocurrency exchanges. Nikhilesh De, regulatory reporter at CoinDesk, gives reasons for this resurgence, pointing to...
Why Crypto Crackdowns In India And Nigeria Are Resurging

Jack Dorsey & Jay-Z Donate 500 Bitcoin for New Endowment Fund
Jack Dorsey & Jay-Z Donate 500 Bitcoin for New Endowment Fund
Twitter CEO Jack Dorsey is teaming up with rapper Jay-Z to create a new endowment named “Btrust” to fund Bitcoin development with an initial focus on teams in Africa and India...
Jack Dorsey & Jay-Z Donate 500 Bitcoin for New Endowment Fund

Square And Twitter CEO Jack Dorsey Speaks At Empowering Entrepreneurs Event
Jack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and India
"It‘ll be set up as a blind irrevocable trust, taking zero direction from us," said Dorsey.
Square And Twitter CEO Jack Dorsey Speaks At Empowering Entrepreneurs Event

Ghansi Bazaar, India.
India Grants Crypto Holders Reprieve Ahead of Likely Ban: Report
The window of opportunity for investors to cash out to fiat is expected to be between three and six months.
Ghansi Bazaar, India.

Breakdown 2.10.21
How Nigeria and India Are Dealing With Crypto Bans
Two of the world’s ten most populous countries have or are considering crypto bans: Here’s what it means.
Breakdown 2.10.21