RBI creates dedicated fintech department for crypto and CBDC+Crypto exchanges now under the IT Department and ED lens

Here are the top cryptocurrency news headlines from India this week:<br />RBI creates dedicated fintech department for crypto and CBDC: <a href="https://www.coindesk.com/business/2022/01/08/indias-central-bank-creates-fintech-department-as-challenges-posed-by-crypto-cbdc-grow/" rel="noopener">https://www.coindesk.com/business/2022/01/08/indias-central-bank-creates-fintech-department-as-challenges-posed-by-crypto-cbdc-grow/</a> ;<br />Crypto exchanges under the IT and ED lens: <a href="https://www.hindustantimes.com/india-news/after-raid-on-wazirx-crypto-exchanges-under-i-t-and-ed-scanners-101641407967194.html" rel="noopener">https://www.hindustantimes.com/india-news/after-raid-on-wazirx-crypto-exchanges-under-i-t-and-ed-scanners-101641407967194.html</a> ;<br />India’s cryptocurrency platforms lack clarity on tax provisions say industry watchers: <a href="https://economictimes.indiatimes.com/tech/tech-bytes/indias-cryptocurrency-platforms-lack-clarity-on-tax-provisions/articleshow/88677171.cms" rel="noopener">https://economictimes.indiatimes.com/tech/tech-bytes/indias-cryptocurrency-platforms-lack-clarity-on-tax-provisions/articleshow/88677171.cms</a> ;<br />Industry Body seeks crypto law in the upcoming budget session of the parliament: <a href="https://www.coindesk.com/business/2022/01/08/industry-body-for-indian-startups-seeks-crypto-rules-in-coming-budget-session-of-parliament/" rel="noopener">https://www.coindesk.com/business/2022/01/08/industry-body-for-indian-startups-seeks-crypto-rules-in-coming-budget-session-of-parliament/</a> ;<br /> ED uncovers Morris Coin scam worth Rs 1200 crore: <a href="https://coincrunch.in/2022/01/07/ed-unfolds-morris-coin-fraud-worth-rs-1200-crore-malayalam-actors-a-suspect/" rel="noopener">https://coincrunch.in/2022/01/07/ed-unfolds-morris-coin-fraud-worth-rs-1200-crore-malayalam-actors-a-suspect/</a> ;<br />Bitbns partners with CoinWealth to launch the IDO of the CNW token on the Ascent Launchpad platform: <a href="https://coinwealth.medium.com/coinwealth-partners-with-bitbns-