š®š³ India to Release Crypto Discussion Paper in July.
Hereās what you need to know:
ā Focus is on stablecoins and how they can reduce remittance costs ā No policy decisions yet ā final rules will take time (2ā3 more versions expected) ā The RBI is cautious, but SEBI is open to crypto with separate regulators ā Inspired by US & G20 frameworks
This paper could set the stage for long-term crypto policy
ā influencers who shill garbage, delete the tweet, and act like nothing happened ā people who donāt do deep research before buying ā those who say ācrypto is deadā every bear market ā people who buy the top & blame the market, not their FOMO ā the ones who say $ETH is dead ā devs who rug again and again
š TOKEN UNLOCKS ā June 24: $EIGEN (0.42%, $1.32M) ā June 25: $IOTA (0.39%, $2.24M) $VENOM (2.84%, $10.00M) ā June 27: $MOCA (0.08%, $157.18K) ā June 28: $FET (0.12%, $1.84M) $TRIBL (9.17%, $34.98K)
š MARKET EVENTS ā June 25 ā Fed Chair Powell Testimony ā June 26 ā Durable Goods & GDP Data ā June 27 ā Core PCE, Income & Spending
š CRYPTO WATCHLIST ā $BTC: Eyes on Iran ā any retaliation could spike volatility ā $HOME: S2 airdrop details dropping this week ā Infinex: Major announcement expected on June 24 ā $SNX: Synthetix Exchange going live soon on Ethereum Mainnet ā $INJ: Injective Summit on June 26 ā $BERA: Refocusing on revenue generation in coming weeks