No Legal Challenge Against RBI for now even as the Central Bank Continues Outlash Against Crypto

Here are the top cryptocurrency news headlines from India this week:<br />India’s crypto policy body does not plan legal challenge against RBI: <a href="https://www.coindesk.com/policy/2022/05/26/after-armstrong-tweet-indias-crypto-policy-body-says-no-contempt-of-court-challenge-vs-rbi/" rel="noopener">https://www.coindesk.com/policy/2022/05/26/after-armstrong-tweet-indias-crypto-policy-body-says-no-contempt-of-court-challenge-vs-rbi/</a> ;<br />New Finder’s report ranks India at number 1 for crypto adoption: <a href="https://www.outlookindia.com/business/india-tops-list-of-27-nations-surveyed-for-crypto-ownership-says-report-news-198943" rel="noopener">https://www.outlookindia.com/business/india-tops-list-of-27-nations-surveyed-for-crypto-ownership-says-report-news-198943</a> ;<br />RBI governor once again lashes out against crypto: <a href="https://www.news18.com/news/business/cryptocurrency/cryptocurrency-has-no-underlying-value-our-stance-clear-says-rbi-guv-know-more-5228755.html" rel="noopener">https://www.news18.com/news/business/cryptocurrency/cryptocurrency-has-no-underlying-value-our-stance-clear-says-rbi-guv-know-more-5228755.html</a> ;<br />RBI proposes a graded approach for its CBDC: <a href="https://inc42.com/buzz/rbi-proposes-adopting-a-graded-approach-in-introducing-cbdc/" rel="noopener">https://inc42.com/buzz/rbi-proposes-adopting-a-graded-approach-in-introducing-cbdc/</a> ;<br />Cryptocurrencies a key focus at the World Economic Forum in Davos: <a href="https://www.ndtv.com/business/get-your-crypto-house-in-order-world-economic-forums-old-guard-tells-davos-debutantes-3014151" rel="noopener">https://www.ndtv.com/business/get-your-crypto-house-in-order-world-economic-forums-old-guard-tells-davos-debutantes-3014151</a> ;<br />Binance APAC head calls for a better regulatory framework: <a href="https://inc42.com/buzz/binances-apac-head-calls-for-clear-regulatory-framework-in-india-to-attract-crypto-investments/" rel="noopener">https://inc42.com/buzz/binances-apac-head-calls-for-clear-regulatory-framew