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BANNING CRYPTO
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.- UK targets Russian crypto networks in latest sanctionsBritain has taken action against Russian-linked cryptocurrency platforms and banks. These entities are accused of helping Russia bypass san...
- Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
- Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. histor...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Apple CEO Tim Cook steps down; HCLTech Q4 reportAfter 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.
- Trump family deal spree could open door for future presidents to profit from officeIn a striking maneuver, President Donald Trump's family business is broadening its horizons internationally while tapping into the burgeoni...
- Prediction bets on Polymarket tied to Iran war calls for investigations from lawmakersCongress is investigating Polymarket after anonymous traders made huge bets on the U.S.-Iran ceasefire minutes before Trump announced it. P...
- US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
- What’s behind the bitcoin ATM crackdown? Rising crypto ATM fraud and growing risks are forcing strict 60-day shutdown orders across the U.S.What’s behind the bitcoin ATM crackdown? Rising bitcoin ATM and crypto ATM fraud risks are driving strict 60-day shutdown orders across the...
- Honduras watchdog bans institutions from trading cryptoThe resolution bans institutions under its supervision to "maintain, invest, intermediate or trade in cyptocurrencies, crypto-assets, virtu...
- From proposing crypto ban to tax treatment: all you need to know about IMF's action planThe paper titled "Elements of Effective Policies for Crypto Assets" addresses questions raised by countries on the benefits and risks of cr...
- Pakistan plans crypto ban; industry players call it big mistakeThe submission is the first time a clear position has been taken by the central bank
- Proposed bill banning crypto payments could mean jail for violationsAccording to the summary of the bill, the Indian government is planning a "general prohibition on all activities by any individual on minin...
- Crypto rules are needed to avoid systemic risks. But how we classify them matterGiven the digital nativity of these currencies, lack of transparency about trades and traders, and the global ubiquity of the crypto platfo...
- Indian investors will see wealth erosion if government bans crypto tradeA ban on cryptocurrencies like Bitcoin may result in wealth erosion for about 1 crore Indian investors, including 10 lakh traders, who are ...
- Crypto investors may switch to peer-to-peer transfer in case of banExchanges reach out to government, claim ban will trigger a spurt in illegal activities
- Check crypto trade, ban won’t helpIt would be a pity to slam the door on innovation & technology spinoffs.
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