
India's largest web3 enthusiast community of 75k+members. Building web3 ecosystem in India w/ founders, investors, devs & Degen! Crafted by @howdy_akshay & team
Bengaluru, India
Joined March 2017
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Replying to @ETHIndiaco
@ETHIndiaco kicked your amigo out.
Elitist gatekeeping has to stop.
Help us in the fight against this high and mighty behaviour💪🏻
El Salvador, while most people were debating Bitcoin, just kept buying.
1 BTC a day since November 2022. Around 7,670 BTC and counting 🇸🇻
🇮🇳 India’s government reportedly described the crypto ecosystem as “HIGH RISK” in a note shared with a parliamentary panel.
Officials reportedly flagged:
• Money laundering via P2P channels
• Terror financing concerns
• Fake crypto platforms and Ponzi schemes
• VPN-based transactions and tax evasion
The government also revealed:
• 6.45 lakh people faced TDS on crypto trades in FY23
• Only 1.39 lakh disclosed crypto income in tax filings
India’s crypto regulation era just got a lot more serious.
The Fed says 1 in 10 American adults used or held crypto in 2025, up from 7% last year.
Spot Bitcoin & Ethereum ETFs are bringing retail investors back, and many aren’t even using exchanges anymore.
The infrastructure is working.
The SEC is preparing to let stocks trade on the blockchain.
Stocks like $AAPL and $TSLA could soon trade 24/7, just like crypto, under a new “innovation exemption” reportedly being prepared by the SEC.
And Wall Street is already moving:
• DTCC starts tokenisation trials in July
• Nasdaq is building blockchain-based shares
• NYSE parent ICE is expanding into tokenised equities
The line between crypto and traditional finance is disappearing fast.
BREAKING: 🇮🇷 Iran reportedly launches “Hormuz Safe”, a maritime insurance platform for ships passing through the Strait of Hormuz. The platform will use Bitcoin to settle payments and potentially bypass SWIFT and Western insurers.
Reports suggest Iran sees a $10B+ opportunity if it captures Gulf shipping insurance demand.
Feels like Bitcoin is slowly moving from a financial asset to geopolitical infrastructure.
148A notices are being sent to crypto traders in India for FY 2021–22 trades
Govt is using exchange data to estimate your income
Mismatch with your filings? That’s where things get tricky 👀
Crypto is entering home buying.
Better Home & Finance Holding Co. + @coinbase Global Inc. now let you use $BTC & $USDC as collateral for a home down payment, no need to sell.
Built around @FannieMae (a key part of the US mortgage system).
Small shift, big signal: crypto → real-world utility.
Morgan Stanley will let institutions trade tokenized U.S. stocks & ETFs by 2026 on its internal platform.
With SEC pilots backing DTCC & Nasdaq, this is bigger than one firm.
Wall Street isn’t testing anymore, it’s moving on-chain.
Amundi, Europe’s largest asset manager ($2.3T AUM), just launched a $100M tokenised fund on Ethereum + Stellar.
Here’s why this matters:
• Fund ownership is now on-chain (not buried in back-office systems)
• NAV is published on-chain via Chainlink
• Transfers work 24/7, even across chains
• Near-instant settlement, no more waiting days
Tokenised RWAs are already ~ $52B and growing fast.
Crypto trading firm @blockfills has filed for Chapter 11 after halting withdrawals.
A lawsuit claims the firm mixed customer crypto with company funds, leaving a $77M balance sheet shortfall.
A U.S. judge has already frozen 70 BTC tied to the dispute.
Russia is fast-tracking a law to bring stablecoins into its financial system.
Not for crypto trading, but for cross-border payments.
A ruble pegged stablecoin called A7A5 has already been approved for overseas trade settlements, and broader rules could come into force by July 1, 2026.
As sanctions tighten access to traditional banking rails, stablecoins are starting to look less like crypto tools and more like geopolitical infrastructure. 🌍
Individuals still hold most of the Bitcoin supply.
But institutions, corporations, ETFs, and governments now account for a growing share.
Bitcoin’s ownership structure is quietly evolving.
Source: River Bitcoin Adoption Report 2026
23 countries now hold Bitcoin 🌍
5 joined in 2025 alone: Brazil, Czech Republic, Luxembourg, Saudi Arabia, and Taiwan.
Some through seizures. Others through state-backed mining and direct purchases.
Bitcoin is increasingly appearing on sovereign balance sheets.
Source: River Bitcoin Adoption Report 2026
Meta is planning a 2026 comeback into stablecoins 👀
After the Libra and Diem setback, it’s now working with third parties to power dollar-backed stablecoin payments across its platforms. Stripe is rumored to be a likely partner.
If this goes through, stablecoins could suddenly sit in front of 3B users across Facebook, Instagram and WhatsApp.
🇮🇳 Govt sets up Darknet & Crypto Task Force to track narco-trafficking and monitor illegal drug networks online.
Formed under the Multi-Agency Centre (MAC), it will track darknet activity and crypto channels used for narcotics deals.
Source: Ministry of Home Affairs
Quantum risk to Bitcoin is way overblown, according to @CoinSharesCo.
Only ~10k #BTC sit in wallets that could realistically move markets if compromised.
Breaking Bitcoin would need ~13 million qubits. That tech doesn’t exist today.
Even optimistic timelines push this into the 2030s.
Bitcoin can be upgraded if needed. Banks would likely face this risk first.



























