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JUST IN: 🇮🇳 India’s unemployment rate drops to 4.7%, beating expectations of 5.2%
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🚨BREAKING: AAP MP Raghav Chadha has called on Parliament to consider introducing a dedicated law for tokenization in India
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🔔 Industry Update Xiaomi will begin pre-installing a crypto wallet and Web3 discovery app on new smartphones starting 2026. • Partnership with $SEI Labs • App ships by default on new devices • Rollout covers 160M+ phones outside China and the US • Stablecoin payments planned for 20,000+ Xiaomi retail stores A move that could accelerate Web3 exposure, but raises questions around user choice and bloatware. What’s your take on this development? 👇
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🚨 INDIA ENFORCEMENT UPDATE The Enforcement Directorate has conducted raids at 8 locations across Himachal Pradesh and Punjab in connection with a ₹2,300 crore fake crypto MLM case. 📑 Documents, properties, and digital devices seized 💰 ₹1.2 crore frozen during the operation Regulators continue to tighten scrutiny on crypto-related fraud. 🔍
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BREAKING: #RBI Deputy Governor T. Rabi Sankar outlines why India’s stablecoin framework cannot follow the US “GENIUS Act”
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BREAKING: #RBI Deputy Governor T. Rabi Sankar explains India’s approach to #stablecoins Key points: • Stablecoins need careful handling, with India’s priorities taking precedence • UPI and existing rails already offer fast, efficient payments • Safeguar
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