FM Nirmala Sitharaman says government has not legalized crypto+BACC likely to present a memorandum to the finance ministry on new tax rules

Cryptocurrency India Weekly

Here are the top cryptocurrency news headlines from India this week:
Finance Minister Nirmala Sitharaman says government has not legalized crypto yet: https://economictimes.indiatimes.com/news/economy/policy/will-decide-of-banning-or-not-banning-crypto-currency-later-taxing-transactions-doesnt-legitmise-it-fm-nirmala-sitharaman-in-rs/videoshow/89498905.cms ;
Crypto Industry stakeholders likely to present a memorandum to the finance ministry about the new tax rule: https://www.businesstoday.in/crypto/story/indias-cryptocurrency-industry-likely-to-take-up-tax-rule-revision-with-finmin-321783-2022-02-07 ;
RBI Governor Shaktikanta Das continues attack on crypto saying that it’s not even a tulip: https://www.bloomberg.com/news/articles/2022-02-10/india-s-central-bank-chief-says-crypto-is-not-even-a-tulip ;
Polygon raises $450 million in new funding round: https://cointelegraph.com/news/polygon-raises-450m-in-sequoia-led-funding-round ;
Instadapp founders Sowmay and Samyak Jain recognized in the Forbes 30 under 30 list: https://www.forbesindia.com/article/30-under-30-2022/sowmay-and-samyak-jain-disrupting-the-crypto-ecosystem-with-defi/73529/1 ;
Tech Mahindra the only Indian company in the Forbes’ Blockchain 50 List: https://www.indiainfoline.com/article/news-sector-information-technology/tech-mahindra-emerges-as-the-only-indian-company-in-the-forbes%E2%80%99-blockchain-50-list-122021100460_1.html ;
CoinSwitch Kuber launches Recurring Buying Plan (RBP) feature;
ZebPay’s lists BitTorrent (BTTC), Basic Attention Token (BAT), Decentraland (MANA), Chainlink (LINK), EOS (EOS), and 1inch (1INCH) through QuickTrade feature: https://zebpay.com/blog/zebpays-launches-bttc-bat-mana-link-eos-1inch/ ;
WazirX lists Numeraire (NMR), Alchemy Pay (ACH), and Spell Token (SPELL) in its USDT market and Dusk Network (DUSK) and Quant (QNT) in its INR market;
Bitbns makes ERC20, BEP20, and MATIC20-based token withdrawals live;
Giottus launches crypto baskets and SIP feature: https://economictimes.indiatimes.com/markets/cryptocurrency/giottus-launches-theme-crypto-baskets-for-sip-investors/articleshow/89499415.cms ;
CoinDCX lists OpenDAO (SOS) and Constitution DAO (PEOPLE);