Five Reasons Indian Regulators are Shying Away from Regulation of Crypto Trading + More Crypto News

Subscribe to the Cryptocurrency India Weekly newsletter: <a href="https://www.getrevue.co/profile/thecryptodost" rel="noopener">https://www.getrevue.co/profile/thecryptodost</a><br /><br />Here are the top cryptocurrency news headlines from India this week:<br />Ministry of Finance responds to questions about crypto in the Parliament: <a href="https://news.bitcoin.com/indian-government-cryptocurrency-trading-regulation-investor-protection/" rel="noopener">https://news.bitcoin.com/indian-government-cryptocurrency-trading-regulation-investor-protection/</a> ;<br />Five Reasons Indian regulators are shying away from regulation of crypto trading: <a href="https://inc42.com/infocus/indias-crypto-economy-scams-volatility-lack-of-inherent-value-keep-regulators-away/" rel="noopener">https://inc42.com/infocus/indias-crypto-economy-scams-volatility-lack-of-inherent-value-keep-regulators-away/</a> ;<br />GoSats raises seed funding of $700k: <a href="https://bfsi.economictimes.indiatimes.com/news/financial-services/indias-first-bitcoin-rewards-company-gosats-raises-seed-funding-of-700k/85032337" rel="noopener">https://bfsi.economictimes.indiatimes.com/news/financial-services/indias-first-bitcoin-rewards-company-gosats-raises-seed-funding-of-700k/85032337</a> ;<br />GainBitcoin scam case hearing in Supreme Court on August 9th: <a href="https://inc42.com/buzz/amit-bhardwaj-gainbitcoin-scam-supreme-court-to-hear-case-on-aug-9/" rel="noopener">https://inc42.com/buzz/amit-bhardwaj-gainbitcoin-scam-supreme-court-to-hear-case-on-aug-9/</a> ;<br />Biconomy raises $9 million ahead of token listing: <a href="https://www.livemint.com/companies/start-ups/blockchain-startup-biconomy-raises-9-million-ahead-of-token-listing-11627482454328.html" rel="noopener">https://www.livemint.com/companies/start-ups/blockchain-startup-biconomy-raises-9-million-ahead-of-token-listing-11627482454328.html</a> ;<br />BCAC appoints India’s first cybersecurity coordinator Dr. Gulshan Rai as its Advisory Board Member: <a href="https://www.businessinsider.in/