Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund

The strike on Chabahar port disrupts regional trade dynamics, complicates India's connectivity strategy, and escalates US-Iran tensions. The post US strike destroys Chabahar port control tower, impacting Iran’s maritime operations appeared first on Crypto Briefing.

The post India Maintains Tough Crypto Position as RBI Renews Warning Against Digital Assets appeared on BitcoinEthereumNews.com. The RBI of India once again reiterated its recommendation for keeping cryptocurrencies and privately held stablecoins out of the regulated financial system. Indian revenue officials have cautioned that offshore exchanges, private wallets, and P2P transactions involving crypto remain difficult to report and enforce. India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct exposure to digital assets. The officials of the RBI believed that restricting financial institutions’ involvement would help avoid the problem of financial contagion within the coun

The post India’s Central Bank Doubles Down On Crypto Prohibition As Tax Department Warns Of Offshore And P2P Evasion appeared on BitcoinEthereumNews.com. The Reserve Bank of India hasn’t softened its position. If anything, internal government documents show the central bank is hardening its view. According to a Reuters report summarized by the original report, the RBI explicitly stated that India’s cryptocurrency policy may need to “lean toward prohibition.” The recommendation goes further: bar banks and financial institutions from holding, trading, or gaining any exposure to crypto assets and privately issued stablecoins. The logic is familiar. The central bank framed the restrictions as essential to limit risk spillover from volatile digital assets into the broader financial system. While the language isn’t new—the RBI attempted a similar banking ban in 2018 only to be overruled by the Supreme Court in 2020—the latest paperwork suggests a policy apparatus that still sees prohibition

India's crypto ban push could stifle innovation, drive underground markets, and challenge legal frameworks, impacting global crypto dynamics. The post Nearly 40 million investors could face crypto ban as India’s central bank pushes for prohibition appeared first on Crypto Briefing.

The post India’s Crypto Crackdown Deepens as Central Bank Urges Ban on Bank Exposure appeared on BitcoinEthereumNews.com. India’s central bank urges crypto prohibition and bank exposure limits as tax officials flag offshore trading risks. India’s central bank has again called for a crypto policy that leans toward prohibition. Reuters reported the position after reviewing recent government documents. The Reserve Bank of India recommended barring banks from holding, trading, or gaining exposure to crypto assets. It also included privately issued stablecoins in the warning. India’s tax department raised concerns about offshore exchanges, private wallets, and peer-to-peer trades. It said these channels can make owners and taxable income harder to trace. The documents arrived while India still lacks a final national crypto policy. Tax department estimates show nearly 39 million users held about $2.1 billion in digital assets. RBI Seeks Stronger Limits on Crypto Exposure The RBI said crypto

India’s central bank urges crypto prohibition and bank exposure limits as tax officials flag offshore trading risks. India’s central bank has again called for a crypto policy that leans toward prohibition. Reuters reported the position after reviewing recent government documents. The Reserve Bank of India recommended barring banks from holding, trading, or gaining exposure to […] The post India’s Crypto Crackdown Deepens as Central Bank Urges Ban on Bank Exposure appeared first on Live Bitcoin News.

The post India: Gradual firming CPI supports RBI patience – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale strategist Kunal Kundu expects India’s June 2026 headline Consumer Price Index (CPI) inflation to print around 4.1% year-on-year, slightly above May’s 3.9% but still within the RBI’s tolerance band. Kundu highlights food, fuel and services as key drivers, while noting partial and delayed pass-through from wholesale prices. It argues that competitive conditions, policy buffers and moderate demand should prevent a sustained inflation acceleration. Food, fuel and core inflation dynamics “India’s June 2026 headline CPI inflation is likely to print at around 4.1% yoy, marking a modest acceleration from 3.9% in May while remaining comfortably within the RBI’s inflation tolerance band. The expected increase is less a reflection of broad-based inflationary pressures and more a consequence of a gradual firming in food, fuel and select services categories over recent

The post India Crypto Tax Filings Lagged Trading Activity: Reuters appeared on BitcoinEthereumNews.com. India’s tax department reportedly found widespread gaps in crypto tax reporting, warning that offshore exchanges, private wallets and peer-to-peer (P2P) trades are making crypto activity harder to track.  Reuters on Wednesday reported government documents showed that fewer than a quarter of 645,000 individuals who made crypto transactions in the year ending in March 2023 reported the trades on their tax returns. The department also reportedly estimated that India had about 39 million crypto traders holding over $2.1 billion in crypto at the end of May.  The findings add a tax-enforcement factor to the country’s long-running digital asset policy debate, moving the issue beyond the central bank’s financial-stability concerns and into questions on offshore trading and recoverable tax revenue. India was ranked first in Chainalysis’ 2025 Global Crypto Adoption Index. The report comes days