CoinDesi

🚨 BREAKING: Govt instructs WhatsApp, Telegram & other messaging apps to block access for users without an active SIM.

📌 Apps must remain linked to a valid SIM, with 90-day mandatory re-verification

📌 Web sessions will auto-logout every 6 hours, re-login only via QR code

📌 Move aims to stop misuse by users who ditch or deactivate SIMs

📌 Govt says verified SIM linkage will improve tracing of fraud, scams & spam

Source: Department of Telecommunications

🚨 JUST IN: Polygon’s Global Payments Head says stablecoins are entering a major “super cycle”, predicting over 100,000 issuers within the next five years.

He warns that traditional banks must introduce deposit tokens to stay competitive as blockchain-based payments rapidly scale. 🏁🏃‍♂️

Stablecoins are becoming the core layer for global settlements and institutions that fail to adapt risk being left behind.

🚨JUST IN: India has cleared a landmark move to set up its first big rare-earth magnet production units a major boost for EVs, defence, aerospace, and the nation’s push for strategic self-reliance 🙌

BREAKING: The Indian government is launching an AI agent for DigiLocker that will autonomously pull, validate, and handle official documents

🚨 BREAKING: #India is Reviewing Its Entire #Crypto Framework
A massive overhaul of India’s Virtual Digital Asset (VDA) rules is underway focused on stronger investor protection, tighter exchange oversight, and full alignment with global G20 standards.

1/ Big shift coming for India’s crypto ecosystem
 Govt agencies are reviewing how exchanges operate, how tokens are classified, and how investors are safeguarded. This could become India’s most comprehensive crypto rulebook ever.

2/ Key focus areas the govt is evaluating:
• Risk-based oversight - different rules for tokens based on use-case + risk.
 • Licensing norms - mandatory registration for exchanges, custodians, and service providers.
 • Investor protection - strict custody standards & fund-safeguarding rules.
 • Token categorisation - separating utility tokens, security-like assets, stablecoins & RWAs.
 • Market integrity - crackdown on wash trading, extreme leverage & offshore platforms.
 • AML/KYC - stronger enforcement for both Indian and foreign platforms serving Indian users.
 • Tax review - 30% tax + 1% TDS under evaluation.
 • Stablecoins & DeFi - adoption of globally aligned oversight frameworks.
 • Cross-border risks - ensuring common rules across offshore platforms.

3/ What this means for YOU:
• Investors → Stronger protection, clearer rights, safer ecosystem.
 • Exchanges → Tougher compliance, mandatory transparency, higher reporting standards.
 • Builders & Startups → More regulatory clarity, but stricter rules for high-risk sectors.
 • India’s crypto future → Moving toward a fully structured, globally aligned VDA framework

4/ Why this matters:
 This review could define how India treats crypto for the next decade from taxation to DeFi to stablecoins. It signals that India isn’t banning crypto… it’s regulating it seriously

🚨 Crypto Fraud Alert: Hisar Individual Arrested After US Authorities Flag $23,000 Scam

A recent Times of India report highlights a cross-border fraud case involving crypto transactions. Here are the key details:

🔹 Arrest: A 32-year-old man from Hisar was detained in Delhi after US Homeland Security alerted Indian authorities about suspicious activity.

🔹 Target: The scam primarily affected US citizens.

🔹 Method: The accused allegedly impersonated US law enforcement, threatened victims with “legal trouble” and coerced them into transferring money.

🔹 Use of Crypto: Funds were moved through crypto channels to obscure the financial trail.

🔹 Seizure: Delhi Police recovered mobile phones, SIM cards, a laptop, a tablet and digital evidence linked to the scam.

🔹 Scale: Around $23,000+ in fraudulent transfers have been traced so far with investigations ongoing.

🔹 Network: Early findings suggest possible links to a broader cyber-fraud ecosystem.

🟢 Why this matters:

Cases like this underscore the importance of user education, secure communication practices, and vigilance against impersonation scams. Crypto channels are often misused by fraud networks, making collaborative action between global authorities critical.

⚠️ Stay safe:

• Always verify official communication

• Never respond to unsolicited legal threats

• Avoid sharing personal data

• Double-check wallet destinations

• Report suspicious behaviour immediately

📢 PRESS RELEASE ALERT: Bengaluru Gears Up for #IBW2025 , India’s Biggest #Web3 Summit

Bengaluru, November 19, 2025: India Blockchain Week (IBW 2025) returns for its third and largest edition from December 1–7, 2025, strengthening India’s position in the global Web3 economy. The main IBW Conference will be held on December 2–3 at the Sheraton Grand Convention Centre, with Binance and Aptos Foundation as Title Sponsors.

IBW 2025 will unite India’s Web3 ecosystem with global leaders through 100+ side events, workshops, and networking sessions hosted by Hashed Emergent, Binance, Aptos Foundation, Polygon, Devfolio, TON, Cardano, and more.

With 1,200+ Web3 startups, 35 million active crypto users, the world’s second-largest Web3 developer base, and the highest crypto adoption rate for the third consecutive year, India stands as a key market for future blockchain innovation. Hosted by Hashed Emergent, the conference will feature 100+ speakers delivering keynotes, fireside chats, and debates across blockchain, AI, RWAs, and regulatory trends.

Shri Priyank M. Kharge, Minister for Electronics, IT, Biotechnology, and Rural Development, Karnataka, will deliver the opening keynote on Day 2, aligning with the state’s new INR 518 crore Startup Policy 2025–2030 supporting emerging technologies including blockchain.

Notable speakers include Sreeram Kannan (Eigen Labs), Sandeep Nailwal (Polygon), Avery Ching (Aptos Labs), Kushal Manupati (Binance), Akshay BD (Solana Foundation), Sébastien Borget (The Sandbox), Mark Rydon (Aethir), John O’Loghlen (Coinbase), Yusuf Goolamabbas (Animoca Brands), Rik Krieger (Trust Wallet), Michael (Ledger), Nikhil Joshi (Emurgo), and Jody Mettler (BitGo).

Aptos Foundation and Avalanche will jointly sponsor the IBW Demo Day, giving early-stage founders a platform to pitch to global investors. Hashed Emergent will commit up to $250,000 to promising teams.

The Cardano Hackathon Asia 2025 will offer a $65K prize pool and expert mentorship to help teams build launch-ready projects

🚨 Giveaway Incoming!

Dreaming of attending a big blockchain summit? This could be your chance 🎟

We’re sharing all the details exclusively in our community jump in now or you’ll miss out 👇
https://x.com/i/communities/1992139311320609159

🚨ED Cracks Down on ₹285 Cr Cyber-Fraud

The Enforcement Directorate has seized ₹8.46 Cr from 92 bank accounts, including some linked to CoinDCX, in a massive scam where money from fake job & investment apps was converted to #USDT via #binance P2P, #WazirXIndia , #BuyHatke & #CoinDCX

🔎₹4.81 Cr was routed through CoinDCX alone!

Is India’s crypto on-ramp system facing its toughest test yet?⚠️

What’s your take on this crackdown? ⤵️

BREAKING: #RBI and #NPCI have started efforts to connect UPI with Europe’s instant payments network

India’s #ARC #Stablecoin Set for Q1 2026 Launch

What You Need to Know 🧵

1/ India’s Asset Reserve Certificate (ARC) a rupee-backed, fully collateralized digital asset is reportedly targeting a Q1 2026 launch, per sources speaking to CoinDesk.

2/ ARC is being developed by @Polygon and #Anq , designed to trade 1:1 with the Indian Rupee, backed by cash, FDs, government securities, and other cash equivalents.

3/ Why it matters?

ARC aims to stop liquidity from flowing into USD-backed stablecoins, keeping capital + innovation inside India’s economy.

4/ Each ARC token is minted only when issuers hold real reserves, fixing transparency + compliance issues seen with foreign stablecoins.

5/ ARC will function in a two-tier system:
• RBI’s CBDC = settlement layer
• Private sector ARC platform = innovation layer (payments, remittances, programmability)

6/ This model preserves monetary sovereignty, while allowing India to experiment with regulated Web3 rails.

7/ ARC aligns with rupee partial convertibility usable for business payments, but without opening the door to unrestricted capital flows.

8/ Only business accounts can mint ARC, keeping it compliant with LRS rules and preventing misuse.

9/ ARC will use Uniswap v4 hooks to allow swaps only between whitelisted addresses a major step toward regulated DeFi.

10/ The move comes as emerging markets fear capital flight into USD stablecoins after the U.S. legalized them via the GENIUS Stablecoin Act.

11/ Standard Chartered even warned that EM banks could lose up to $1 trillion in deposits over three years as savers flee to dollar-backed alternatives.

12/ With ARC, India aims to counter that risk and create a sovereign, compliant, and economically supportive stablecoin ecosystem.

Will India’s ARC redefine regulated stablecoins for emerging markets?

What’s your take? ⤵️

BREAKING: Govt plans Aadhaar-based ID checks across key services with a new Aadhaar app coming soon.

• Hotels
• Societies
• Offices & hospitals
• Exams
• Staff verification
• Age-gated buys
• Cinemas/events
• DigiYatra-style travel

Source: MoneyControl