changehero Blog

Crypto News Digest: India May Not Ban Crypto
Author: changehero
icon of calendar

ChangeHero team is back with this week’s crypto news digest. The Indian government may not ban cryptocurrencies. Jack Dorsey stepped down as Twitter’s CEO, and Square rebranded as Block. Stay with us. We covered everything that happened in crypto.

Key Takeaways

ChangeHero Updates

ANKR Listing and Zero Fees Offer

Now you can swap ANKR on ChangeHero. We are also running a zero fee exchange offer. You still have the weekend. Don’t miss this chance. Swap Now!

Latest Crypto News Digest

Bitcoin This Week

Latest Bitcoin News

Altcoin News

Business Crypto News

Crypto News on Adoption

Regulation & Politics Crypto News

Crypto investors in India get a slight relief as reports suggest that there will be no ban on cryptocurrencies. Instead, the government will treat cryptocurrencies as “assets”, and all the Indian cryptocurrency exchanges will be regulated by the Securities and Exchange Board of India (SEBI). The Chinese government is also entering the metaverse. Well, not in the way you expected. The anti-money laundering head of the People’s Bank of China (PBoC), Gou Wenjun, stated that the bank will regulate NFTs and metaverse. The executive also said that NFTs could also potentially be used for money laundering. Russian President Vladimir Putin spoke about cryptocurrencies in the Russia Calling investment forum held in Moscow. He said that cryptocurrencies do not have any backing and are highly risky due to the volatility.

Social Media Digest

Video of the Week

Here’s a clip from Anthony Pompliano’s The Best Business Show. He discusses the SEC willingness to work with crypto. Is it good? Well, you have to watch it to know.

Crypto News from Twitter

Jack Dorsey stepped down as the CEO of Twitter, and he will also leave the board in 2021 once the transition of roles is complete. We have to see if this tweet will be sold as an NFT or not.

Dogg is back! Rapper Snoop Dogg joined hands with NFT artist Coldie to launch an NFT collection. For sure, the NFT prices will go “high”.

Ross Ulbricht, the founder of the infamous Silk Road market, launched an NFT collection on SuperRare. The current highest bid is at 261 ETH. The funds will go towards supporting Ulbricht’s fight to free him from prison and also to Art4Giving charity.

Influencer of the Week

You can find everything on MacroCRG’s feed. Bitcoin, altcoins, technical analysis and even memes. Just give them a follow if you want a complete package.

This Week on the Market

How is the market this week? At the moment of writing the crypto news digest, the stats are: Total Market Cap: $2,637,540,026,436 (-2.79%); BTC Dominance: 41.1%.

7d Change in Top Coins

At the moment of writing, the weekly change of the top currencies is:

Gainers of the Week

Which is the best crypto to buy now? These cryptos are seeing some massive gains.


That wraps up this week’s crypto news digest. Not a bad week. Altcoins did see some gains, some relief from regulators and NFTs are going places. We do a lot of such articles on the ChangeHero Blog. Don’t forget to follow us on Twitter, Facebook, Reddit and Telegram for regular updates on crypto.