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 Enforcement Directorate renewed its five-year agreement with NFSU to expand cyber-forensic labs, tools, and training. The agency cited NFSU’s crypto and blockchain tracing expertise, but the agreement does not announce a separate crypto unit or new investigative powers.
Pushpendra Singh has called for cuts to India’s stock-market taxes, arguing that lower costs could encourage investment. Raamdeo Agrawal expects an earnings-led recovery, while a review of investment treaties may leave foreign firms facing lengthy dispute procedures. No tax cuts have been announced.
Crypto remains popular among young Indians, including investors outside major cities, despite a 30% tax on gains and unclear regulations. Access to global markets and interest in blockchain draw investors, while recent enforcement against non-compliant exchanges shows tighter oversight.
Asentum, EDEL and Origin LGNS lead CoinGecko’s India trending crypto list despite Bitcoin’s rally above USD 86,000. However, the rankings track user attention rather than investment flows, while low liquidity and small market values increase trading risks.
Bitcoin climbed to an eight-month high near USD 85,000 as spot ETF inflows and short liquidations increased buying pressure. The cryptocurrency also reclaimed its 50-week moving average, while Ethereum and other major altcoins recorded strong gains.
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.