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

Here are the top cryptocurrency news headlines from India this week:<br />Finance Minister Nirmala Sitharaman says government has not legalized crypto yet: <a href="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" rel="noopener">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</a> ;<br />Crypto Industry stakeholders likely to present a memorandum to the finance ministry about the new tax rule: <a href="https://www.businesstoday.in/crypto/story/indias-cryptocurrency-industry-likely-to-take-up-tax-rule-revision-with-finmin-321783-2022-02-07" rel="noopener">https://www.businesstoday.in/crypto/story/indias-cryptocurrency-industry-likely-to-take-up-tax-rule-revision-with-finmin-321783-2022-02-07</a> ;<br />RBI Governor Shaktikanta Das continues attack on crypto saying that it’s not even a tulip: <a href="https://www.bloomberg.com/news/articles/2022-02-10/india-s-central-bank-chief-says-crypto-is-not-even-a-tulip" rel="noopener">https://www.bloomberg.com/news/articles/2022-02-10/india-s-central-bank-chief-says-crypto-is-not-even-a-tulip</a> ; <br />Polygon raises $450 million in new funding round: <a href="https://cointelegraph.com/news/polygon-raises-450m-in-sequoia-led-funding-round" rel="noopener">https://cointelegraph.com/news/polygon-raises-450m-in-sequoia-led-funding-round</a> ;<br />Instadapp founders Sowmay and Samyak Jain recognized in the Forbes 30 under 30 list: <a href="https://www.forbesindia.com/article/30-under-30-2022/sowmay-and-samyak-jain-disrupting-the-crypto-ecosystem-with-defi/73529/1" rel="noopener">https://www.forbesindia.com/article/30-under-30-2022/sowmay-and-samyak-jain-disrupting-the-crypto-ecosystem-with-defi/73529/1</a> ;<br />Tech Mahindra the only Indian company in the Forbes