Finance Ministry Meets Crypto Industry+DeFi Comes Under the Tax Department's Scrutiny
Description
Here are the top cryptocurrency news headlines from India this week:
Finance Ministry meets crypto industry: https://www.coindesk.com/policy/2022/05/05/indias-parliamentary-finance-body-chides-crypto-industry-in-meeting-sources/ ;
DeFi comes under tax department’s scrutiny: https://inc42.com/buzz/amid-ongoing-uncertainty-in-crypto-industry-defi-comes-under-tax-departments-scrutiny/ ;
Reward points and e-vouchers not in crypto tax ambit: https://economictimes.indiatimes.com/news/economy/finance/reward-points-e-vouchers-out-of-crypto-tax-ambit/articleshow/91299526.cms ;
India brings new cyber security rules for crypto businesses: https://www.coindesk.com/policy/2022/05/02/india-includes-crypto-businesses-in-new-rules-for-cyber-security/ ;
NSDL launches blockchain-based platform for security and covenant monitoring: https://inc42.com/buzz/nsdl-launches-blockchain-based-platform-for-security-and-covenant-monitoring/ ;
Pantera Capital to increase focus on India: https://economictimes.indiatimes.com/tech/technology/pantera-capital-to-increase-india-focus-as-it-closes-crypto-blockchain-funds/articleshow/91342252.cms ;
Zebpay lists Paris Saint-German (PSG), Juventus (JUV), Manchester City (CITY), FC Barcelona (BAR) and Alpine F1 team (ALPINE) fan tokens;
CoinDCX lists Storj (STORJ), STEPN (GMT) and LCX;
WazirX lists Biswap (BSW), Linear Finance (LINA) and REI Network (REI) in its USDT market;
CoinSwitch Kuber lists Origin Protocol (OGN)