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RBI is pushing India closer to a crypto ban On July 2, RBI supported a strategy that limits crypto activity and keeps prohibition as an option Banks should not be allowed to hold, trade or gain exposure to crypto and private stablecoins RBI says formal regulation could make speculative assets appear legitimate and safe India has 54 FIU-registered crypto platforms 3.93 crore verified users hold ₹20,436 crore in crypto

🚨NEW TRADE ALERT = BTC Token= BTC/INR OR BTC/USDT Position - SHORT Risk Level: MEDIUM Leverage: 10X Signal Valid Till: 3 DAYS Risk/Reward Ratio: 1:2 ENTRY ZONE : INR 5875774.09/ 61726.8 $ 🎯 Target 1 : INR 5808094.00/ 61015.8 $ 🎯 Target 2 : INR 5721461.58/ 60105.7 $ 🛑 Stop Loss : INR 5939827.44/ 62399.7 $ Disclaimer: Crypto assets & NFTs are unregulated and subject to high market risk. Losses may not be recoverable. Please DYOR (Do Your Own Research)

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Bitcoin since 2024:

VISUALS: 🇮🇳 India's Parliamentary Finance Committee holds its 7th meeting on crypto, hears views from the RBI and ICAI.

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BREAKING: 🇮🇳 Maharashtra becomes India's first state to legally recognize crypto as recoverable property. Authorities can now legally seize, sell, and return crypto assets linked to financial fraud to victims.

Token= HYPE/INR OR HYPE/USDT Position - LONG Risk Level: MEDIUM Leverage: 10X Signal Valid Till: 3DAYS Risk/Reward Ratio: 1:2 ENTRY ZONE : INR 6104.985 / $ 64.128 (LIMIT ORDER) 🎯Target 1 : INR 6292.148 / $ 66.094 🎯Target 2 : INR 6553.853 / $ 68.843 🛑Stop Loss : INR 5974.371 / $ 62.756 Disclaimer: Crypto assets & NFTs are unregulated and subject to high market risk. Losses may not be recoverable. Please DYOR (Do Your Own Research)

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🇮🇳 India's Parliamentary Finance Committee holds its 7th meeting on crypto today. Today's meeting was with RBI and ICAI. Chairman Bhartruhari Mahtab says RBI did not recommend giving cryptocurrencies legal status in India. Video: ANI

TODAY: 🇮🇳 RBI Team Meets Standing Committee Today to Discuss Virtual Digital Assets (VDAs)

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08 Code Is: 796WW5KO #07 Code Is: EPAYDOWV #06 Code Is: O8MH7PM5 #05 Code Is: 56HHQ0ID #04 Code Is: JLLO3AYV #03 Code Is: HPO89DVR #02 No Code Is: QG3SE5T0 #01 No Code Is: 4HWLAK9L

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USDT is now trading at ₹105 while the official USD/INR rate is just ₹94 around 🤯 That’s an 9%+ premium! 🇮🇳 What’s happening? • ED crackdown has disrupted USDT remittance channels. • Massive supply shortage. • Demand continues to surge. • Crypto regulations will be discussed in Parliament on July 2.