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Introducing #??????????????????????????????, a ?600 Crore recovery fund for WazirX users who lost money due to the alleged cyber attack of July 2024. Ashish Singhal | Vimal Sagar Tiwari | Govind Soni

The U.S. government has made a historic move. What's the catch? President Donald Trump just signed an executive order to create a Strategic Bitcoin Reserve and a stockpile of digital assets. Here’s the catch: The government isn’t buying Bitcoin or crypto with taxpayer money. Instead, it will build these reserves using assets seized through enforcement actions. And it won’t be selling them either. Think of it like gold locked in Fort Knox—except now, it’s Bitcoin. Why is the market reaction muted? Crypto markets aren’t exactly celebrating. Why? Some expected the government to announce a major Bitcoin buy. That didn’t happen. But let’s zoom out. This is Bullish all the way The world’s largest economy is now officially recognising Bitcoin as a store of value. It’s also promising a clear regulatory framework and closing past cases against crypto firms. That means you’ll see more government lawsuits being dropped and more regulatory clarity. If that’s not bullish, what is? Sure, short-term price action is unpredictable. Bitcoin has always been volatile. Traders using leverage will feel the swings the most. But long-term investors—the OG Bitcoiners—know that 1 BTC = 1 BTC. They don’t care about daily price moves. What happens next? This move will fuel innovation. Expect a wave of startups, blockchain projects, decentralized finance (DeFi), and digital record-keeping solutions. This is a turning point. The golden age of crypto is here. What about India? While the U.S. rolls out enabling policies, India needs to catch up. Crypto is being taxed at the highest tax bracket — a terrible signal to investors and builders. Many Indian founders have already moved to Dubai and other countries. America wins by creating policy clarity, attracting talent, and letting markets innovate. India has a huge opportunity—but only if it doesn’t miss the moment. We need supportive regulations, not outdated restrictions. I'm sure this will come through! No more excuses For years, the crypto industry complained about hostile regulations. Now, that excuse needs to go. It’s time to build. The next wave of consumer-grade, game-changing crypto products is coming. This is it. Let’s not miss the moment.

We at CoinSwitch are all all set to be part of Finbridge Expo 11th Edition, happening tomorrow in Mumbai! ?? We’re thrilled to meet fellow traders, investors, and enthusiasts who are looking to explore new opportunities and enhance their trading experience. Visit us at Stall No. 15C to learn more about our latest offerings, get insights into the crypto market, and connect with our team! Ashish | Siva | Santhosh | Tarun | Bishakha | shweta

Budget brings crypto assets under mandatory reporting: What you need to knowThe Indian government is taking steps towards tax transparency and regulatory oversight in the Virtual Digital Assets (VDAs) sector. The Finance Bill 2025 proposes amendments to the definition of VDAs and introduces mandatory reporting requirements for crypto-asset transactions. These changes align India with global efforts to track crypto-asset transactions and ensure tax compliance. It's essential to understand what these changes entail and how they could affect the broader industry. For a detailed breakdown of the amendments and their implications, read the full article here:?https://lnkd.in/gEFvAWCb R Venkatesh (Venkat)