This chapter examines the differing regulatory approaches to cryptocurrency in India and the United States, noting India's strict measures versus the US's more accessible framework following the approval of Bitcoin and Ethereum ETFs. It also discusses the regulatory developments in the European Union and Japan, highlighting the ongoing uncertainty surrounding crypto legality in India.
In today’s episode, we look at 5 big stories:
- Is the RBI worried about bank runs due to online banking and UPI?
- Govt asks PE and VCs to cough up capital gains tax on money they made.
- Finally, some positive news for Paytm.
- Is the US economy entering a recession?
- Crypto is slowly becoming mainstream
We also send out a crisp and short daily newsletter for The Daily Brief. Put your email here and we'll make you smart every day: https://thedailybriefing.substack.com/