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[Ash Crypto @AshCrypto]

INSTITUTIONS KEEP LOADING UP

Coinbase bought $51 million worth of Bitcoin.

They now hold 17,311 $BTC worth $1 billion.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇷🇺 Russia charges Telegram founder & CEO Pavel Durov with "facilitating terrorism."

An international ​arrest warrant ​has been issued.

[Ash Crypto @AshCrypto]

MASSIVE: 🇦🇪 Emirates airline which carried 55.6 million passengers in a single year just started accepting crypto.

[Ash Crypto @AshCrypto]

BREAKING: 🇷🇺 Russia is pushing their own Clarity Act to regulate crypto trading.

Every other country is going all in crypto while US senate keeps delaying the regulation.

[Sumit Kapoor @moneygurusumit]

🇮🇳 BANK OF BARODA JUST CONFIRMED A MAJOR DATA BREACH.

One of India's largest public sector banks says unauthorized access to customer-related data has occurred after a compromised employee email account was exploited.

Here's what we know:

• Bank of Baroda has launched a forensic investigation into the incident.

• According to a cybersecurity researcher, the leaked data reportedly includes customer details, ID documents, loan papers and internal audit records.

• The leaked archive is said to contain more than 700GB of data and has reportedly appeared on the dark web.

• The total number of affected customers has not yet been disclosed.

Bank of Baroda says:

• Its core banking systems were NOT compromised.

• Customer accounts and core banking infrastructure remain secure.

• The bank has implemented containment measures and is working with the relevant authorities.

This is one of the biggest reported cyber incidents involving an Indian bank in recent years and raises fresh concerns over the security of sensitive financial data.

More updates are expected as the investigation progresses.

[Kashif Raza @simplykashif]

🇮🇳INDIA ISSUES NEW CRYPTO REPORTING RULES.

CBDT has released new crypto reporting guidelines for exchanges.👇

Aligning with the OECD's global crypto-assets reporting framework (CARF)

-> Crypto exchanges will annually report eligible user transactions.
-> Crypto transaction data will be reported under the OECD's CARF framework.
-> Exchanges must collect users' tax residency and identification details.
-> First reports cover 2026 transactions and will be filed in 2027.
-> This is a reporting compliance update, not a new crypto tax.

Source: The Economic Times

[Karan Singh Arora @thisisksa]

Karnataka 🇮🇳 has partnered with Anthropic to explore AI-powered governance, education, public services, and workforce skilling through Claude certifications.

If executed well, this could become a blueprint for how governments use AI beyond just chatbots.

[Ash Crypto @AshCrypto]

BREAKING: Samsung is launching crypto payments to 1 Billion+ users via inbuilt wallet.

This is absolutely massive for crypto.

[Karan Singh Arora @thisisksa]

BREAKING 🚨

Arthur Hayes-founded BitMEX is shutting down.

The exchange will permanently cease operations at 04:00 UTC on September 23 and has already stopped accepting new user registrations.

[Kashif Raza @simplykashif]

CRYPTO CLARITY ACT FACES NEW DEMOCRAT CRITICISM.

Pro-crypto Democrats say the current Crypto CLARITY Act still has major problems.

They say the ethics rules are not strict enough.

They want improvements to 👇

-> Anti-money laundering
-> Consumer protection
-> Illicit finance
-> Conflict of interest
-> Market integrity

Despite the criticism, they say they will keep working with republicans to pass the bill.

- Axios

[CoinMarketCap @CoinMarketCap]

LATEST: ⚡️ Telegram founder Pavel Durov says the app will roll out a native non-custodial GRAM wallet to its 1B+ users this summer, promising instant, zero-fee transactions.

[Kashif Raza @simplykashif]

🇮🇳Finance Minister Nirmala Sitharaman's parliamentary response on the weakening of the indian rupee.

-> Rupee weakness is due to a strong US dollar, higher oil prices, and the Middle East conflict.

-> A weaker rupee supports exports but makes imports more expensive

-> RBI does not target a fixed rupee level and acts only to curb excessive volatility.

-> RBI has taken steps to boost forex inflow and support the rupee

-> No timeline has been set for the rupee's recovery

Source: Parliament Reply by the Finance Minister (Department of Economic Affairs)

[Sumit Kapoor @moneygurusumit]

🇮🇳 INDIA HAS NO TARGET FOR THE RUPEE.

Finance Minister Nirmala Sitharaman has made it clear:

The government does not target a specific USD/INR exchange rate.

Instead, the rupee is market-driven.

Here's what that means:

• The value of the rupee is determined by market forces, not by a fixed exchange rate or target band.

• The RBI continuously monitors the forex market and intervenes only when it sees excessive volatility.

• The government says it closely tracks exchange rate movements because of their impact on economic growth and fiscal stability.

So why has the rupee been under pressure?

According to the FM, multiple factors have contributed:

• Rising crude oil prices following the Middle East conflict.

• Softer capital inflows.

• Global macro and geopolitical uncertainty.

To ease pressure on the rupee, the RBI has already introduced several measures this year, including:

• Easing External Commercial Borrowing (ECB) rules.

• Expanding investment access for NRIs, OCIs and other overseas investors.

• Launching a concessional forex swap facility to encourage foreign currency inflows.

The government also acknowledged that while a weaker rupee can improve India's export competitiveness...

It can also increase the cost of imports and add pressure on imported inflation. 👀

[Kashif Raza @simplykashif]

🇮🇳 Maharashtra is set to introduce India's first blockchain law to support the tokenization of real estate.

No specific PUBLIC or PRIVATE blockchain has been announced yet.

Committee to include SEBI, BSE, NSE, and industry experts.

- The Times of India

[Kashif Raza @simplykashif]

🇮🇳INDIA'S FIRST PRIVATELY DEVELOPED ORBITAL ROCKET, VIKRAM-1, HAS SUCCESSFULLY REACHED ORBIT.

A proud moment for every indian🫡

[Ash Crypto @AshCrypto]

BREAKING: 🇺🇸 Visa with 4.8 billion active users worldwide, has launched a platform to provide stablecoin services.

This is absolutely massive

[Pushpendra Singh Digital @PushpendraTech]

🚨BREAKING: 🇮🇳 India’s crypto market remains active, with 39 million verified users holding nearly $2.1 billion in assets despite a 30% tax and 1% TDS.

[Crypto Aman @cryptoamanclub]

🇮🇳 INDIA TAKES ACTION AGAINST META

A BBC investigation found Instagram ads allegedly directing users to Telegram channels selling CSAM for as little as ₹99.

Govt Action:
↳ MeitY has issued a stern notice to Meta.
↳ Removal of such ads ordered.
↳ Meta given 7 days to explain.

Meta says it has removed the flagged ads/accounts and maintains a zero-tolerance policy, calling the fight against such abuse a "constant battle."

#Meta #India #ChildSafety #CyberSecurity

[Crypto India @CryptooIndia]

BREAKING: 🇮🇳 India issues notice to Telegram over widespread film and OTT piracy.

Telegram must take action against pirated content and submit a report to the government within 15 days.

[Crypto India @CryptooIndia]

JUST IN: 🇮🇳🇸🇨 India and Seychelles sign MoU to launch UPI services in Seychelles.