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India
Circle and Near Invest $14M in Remittances App for Indian Diaspora
The app currently has 500,000 monthly actively users.

Coinbase Plans India Comeback After Securing Regulatory Registration With FIU
The crypto exchange started withdrawing from the country in 2022 due to regulatory pressure.

India's Directorate of Enforcement Seizes $190M in BitConnect Fraud Case
BitConnect's founder, Satish Kumbhani, is wanted in both India and the U.S.

Coinbase in Talks for Return to India 2 Years After Exit: Report
The exchange would be following in the steps of Binance and Bybit if it manages to secure a license.

Crypto Exchange Bybit Receives India Clearance After Settling $1M Fine
The fine was levied by the FIU-IND last week.

India Reviewing Its Crypto Stance as Global Outlook Eases: Reuters
The review comes as Donald Trump's crypto friendly policy has pushed countries to soften their approach on digital assets.

India's Crypto Discussion Paper on Hold Due to Other Priorities
Financial authorities have had to prioritize matters such as the nation's budget during an election year, meetings with other nations and the impending World Bank annual meetings.

Caroline Ellison Sentenced to Two Years in Prison; Rep. Maxine Waters Pushes for Stablecoin Bill
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as former Alameda Research CEO Caroline Ellison was sentenced to two years in prison by a federal judge on Tuesday. Plus, Rep. Maxine Waters continues her push for a stablecoin legislation this Congress and protestors gather outside the United Nations in New York to demand the freedom of former Binance executive Tigran Gambaryan.

Binance Says It Helped India's Enforcement Directorate Trace $47.6M Related to a Gaming Scam
As many as four individuals have also been arrested.
