Finance Minister Nirmala Sitharaman Says India Will Not Rush Into Crypto Regulations

Cryptocurrency India Weekly

Here are the top crypto news headlines from India this week:
Finance Minister Nirmala Sitharaman says crypto regulation will not be rushed: https://news.bitcoin.com/indias-decision-on-crypto-regulation-will-not-be-rushed-says-finance-minister/ ;
Banks ask NPCI to provide clarity on usage of UPI by crypto exchanges: https://economictimes.indiatimes.com/tech/technology/top-banks-ask-npci-to-clarify-its-stance-on-upi-for-crypto/articleshow/91056087.cms ;
Payments Council Of India says payment gateways avoiding crypto exchanges due to RBI’s reservations: https://inc42.com/buzz/payment-gateways-avoiding-crypto-exchanges-due-to-rbis-reservations-payments-council-of-india/ ;
Flipkart targets Web3 opportunities through new Flipkart Labs division: https://www.livemint.com/technology/tech-news/flipkart-to-test-web-3-0-metaverse-expansion-11651153527184.html ;
Coinbase CEO Brian Armstrong questions India’s ‘shadow ban’ on crypto: https://inc42.com/buzz/coinbase-ceo-raises-questions-indias-shadow-ban-on-crypto-trading/ ;
Amesten Capital raises $9 million to focus on DeFi: https://inc42.com/buzz/web3-crypto-focused-investor-amesten-capital-bags-9-mn-to-focus-on-defi-finance-gaming-space/ ;
Mumbai-based Revise Network raises $3.5 million: https://inc42.com/buzz/revise-network-raises-3-5-mn-to-help-nfts-interact-with-apps-and-data/ ;
Unicas expands physical presence in India: https://inc42.com/buzz/crypto-banking-platform-unicas-physical-presence-india/ ;
Newrl launches new solution to help startups tokenise their ESOPs: https://inc42.com/buzz/how-blockchain-startup-newrl-aims-to-help-startups-tokenise-their-esops/ ;
WazirX lists BinaryX (BNS), ForTube Token (FOR) and Green Metaverse Token (GMT) in its USDT market;
CoinDCX lists JasmyCoin (JASMY), MahaDAO (MAHA), and Audius (AUDIO);