Regulations

Story: Did Crypto Donations to India Scare Indian Banks from permitting Cryptocurrency Conversions?

By James Thorp

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Wikipedia:  The COVID-Crypto Relief Fund (Crypto Relief) was announced on 24 April 2021 during the second wave of the COVID-19 Pandemic in India.

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There have been several small crypto traders and entrepreneurs who are willing to donate to support India’s fight against coronavirus.

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Jack Dorsey, CEO of social media giant Twitter donate $2.5 million out of a total of $15 million (around Rs 110 crore) to support the relief efforts in India’s ongoing COVID-19…

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The "RSS is a National Volunteer Organization"), is an Indian right wing, Hindu Nationalist paramilitary volunteer organization.

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The donation from Dorsey sparked controversy. Per Wikipedia, “The RSS has historically played a major role in the Hindu nationalist movement.

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However, the RSS website projects a State Wise Covid Relief Brochure, which explains the different programs they are offering for Covid relief across different states in India.

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Also, Vitalik Buterin, one of the creators of the cryptocurrency Ethereum, donated more than 50 trillion -- yes, with a T -- Shiba Inu coins, a meta joke about the joke that is…

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There has been an outpouring of international support to deal with the Covid crisis.  Despite there being willing donors from the cryptocurrency space, there have been a…

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Considering the Indian regulators’ fears over money-laundering and undisclosed income related to crypto payments, it is becoming very hard to access the growing corpus of funds…

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