Finance Ministry Meets Crypto Industry+DeFi Comes Under the Tax Department's Scrutiny

Here are the top cryptocurrency news headlines from India this week:<br />Finance Ministry meets crypto industry: <a href="https://www.coindesk.com/policy/2022/05/05/indias-parliamentary-finance-body-chides-crypto-industry-in-meeting-sources/" rel="noopener">https://www.coindesk.com/policy/2022/05/05/indias-parliamentary-finance-body-chides-crypto-industry-in-meeting-sources/</a> ;<br />DeFi comes under tax department’s scrutiny: <a href="https://inc42.com/buzz/amid-ongoing-uncertainty-in-crypto-industry-defi-comes-under-tax-departments-scrutiny/" rel="noopener">https://inc42.com/buzz/amid-ongoing-uncertainty-in-crypto-industry-defi-comes-under-tax-departments-scrutiny/</a> ;<br />Reward points and e-vouchers not in crypto tax ambit: <a href="https://economictimes.indiatimes.com/news/economy/finance/reward-points-e-vouchers-out-of-crypto-tax-ambit/articleshow/91299526.cms" rel="noopener">https://economictimes.indiatimes.com/news/economy/finance/reward-points-e-vouchers-out-of-crypto-tax-ambit/articleshow/91299526.cms</a> ;<br />India brings new cyber security rules for crypto businesses: <a href="https://www.coindesk.com/policy/2022/05/02/india-includes-crypto-businesses-in-new-rules-for-cyber-security/" rel="noopener">https://www.coindesk.com/policy/2022/05/02/india-includes-crypto-businesses-in-new-rules-for-cyber-security/</a> ;<br />NSDL launches blockchain-based platform for security and covenant monitoring: <a href="https://inc42.com/buzz/nsdl-launches-blockchain-based-platform-for-security-and-covenant-monitoring/" rel="noopener">https://inc42.com/buzz/nsdl-launches-blockchain-based-platform-for-security-and-covenant-monitoring/</a> ;<br />Pantera Capital to increase focus on India: <a href="https://economictimes.indiatimes.com/tech/technology/pantera-capital-to-increase-india-focus-as-it-closes-crypto-blockchain-funds/articleshow/91342252.cms" rel="noopener">https://economictimes.indiatimes.com/tech/technology/pantera-capital-to-increase-india-focus-as-it-closes-crypto-blockchain-funds/articleshow/9134225