Author: Kelvin Munene
Kelvin Munene
Kelvin Munene is a crypto and finance journalist with over 6 years of experience in market analysis and expert commentary. He holds a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University and is known for meticulous research in cryptocurrency, blockchain, and financial markets. His work has been featured in top publications including Coingape, Cryptobasic, MetaNews, Coinedition, and Coincentral. Kelvin specializes in uncovering emerging crypto trends and delivering data-driven analyses to help readers make informed decisions. Outside of work, he enjoys chess, traveling, and exploring new adventures.
India’s 30% crypto tax and 1% TDS are reshaping trading activity, with many users moving to offshore platforms. WazirX VP Rajagopal Menon says tax policy may influence India’s crypto market more than new regulation over the next year.
Delta Exchange has become the global sponsor of the India-Afghanistan T20I series in New Delhi. The deal gives the crypto derivatives platform on-ground, broadcast, and fan-engagement visibility across the three-match series hosted by the Afghanistan Cricket Board.
India is expanding its digital finance push from payments to asset tokenization. Regulated pilots now cover corporate bonds, while Maharashtra is exploring tokenized land and infrastructure to raise capital and broaden investor participation.
Former Goliath Ventures CEO Christopher Delgado pleaded guilty in a USD 250 million crypto fraud case. US prosecutors said investor funds financed luxury homes, Lamborghinis, Rolex watches, and designer goods while also paying earlier investors in the alleged Ponzi scheme.
India has launched the Demat 2.0 pilot to issue and settle tokenized corporate bonds using the RBI’s wholesale digital rupee. REC, Larsen & Toubro and IIFL Finance have raised Rs. 1,025 crore through the new system.
Amit Lakhanpal, a key accused in the Rs. 113.10 crore Money Trade Coin crypto fraud case, has been arrested in the UAE. Indian authorities have started extradition proceedings, while the ED continues its money laundering probe into the alleged scheme that defrauded investors between 2017 and 2018.
Tamil Nadu’s Economic Offences Wing detained two key accused in the FQL crypto investment fraud case. More than 40,000 complaints have been filed across several districts, while estimated investor losses have crossed Rs. 200 crore.
Sandeep Nailwal has launched a stablecoin-based campaign for Nepal flood relief, enabling global crypto donations through NepalRelief.org. The funds are converted into local currency and directed to the Prime Minister Disaster Relief Fund, with more than $173,000 raised.
India Blockchain Week 2026 will be held in Mumbai on November 1-2 at Fairmont Mumbai. The event will introduce Institutional and Future Asset Forums focused on blockchain adoption, tokenization, AI-linked digital assets and engagement with financial institutions and policymakers.
The US CLARITY Act faces a key Senate procedural vote on September 15 as lawmakers remain divided over parts of the bill. Meanwhile, India continues using taxation, AML rules, and reporting requirements to oversee its crypto sector.