Finance Minister Nirmala Sitharaman Says India Will Not Rush Into Crypto Regulations

Here are the top crypto news headlines from India this week:<br />Finance Minister Nirmala Sitharaman says crypto regulation will not be rushed: <a href="https://news.bitcoin.com/indias-decision-on-crypto-regulation-will-not-be-rushed-says-finance-minister/" rel="noopener">https://news.bitcoin.com/indias-decision-on-crypto-regulation-will-not-be-rushed-says-finance-minister/</a> ;<br />Banks ask NPCI to provide clarity on usage of UPI by crypto exchanges: <a href="https://economictimes.indiatimes.com/tech/technology/top-banks-ask-npci-to-clarify-its-stance-on-upi-for-crypto/articleshow/91056087.cms" rel="noopener">https://economictimes.indiatimes.com/tech/technology/top-banks-ask-npci-to-clarify-its-stance-on-upi-for-crypto/articleshow/91056087.cms</a> ;<br />Payments Council Of India says payment gateways avoiding crypto exchanges due to RBI’s reservations: <a href="https://inc42.com/buzz/payment-gateways-avoiding-crypto-exchanges-due-to-rbis-reservations-payments-council-of-india/" rel="noopener">https://inc42.com/buzz/payment-gateways-avoiding-crypto-exchanges-due-to-rbis-reservations-payments-council-of-india/</a> ;<br />Flipkart targets Web3 opportunities through new Flipkart Labs division: <a href="https://www.livemint.com/technology/tech-news/flipkart-to-test-web-3-0-metaverse-expansion-11651153527184.html" rel="noopener">https://www.livemint.com/technology/tech-news/flipkart-to-test-web-3-0-metaverse-expansion-11651153527184.html</a> ;<br />Coinbase CEO Brian Armstrong questions India’s ‘shadow ban’ on crypto: <a href="https://inc42.com/buzz/coinbase-ceo-raises-questions-indias-shadow-ban-on-crypto-trading/" rel="noopener">https://inc42.com/buzz/coinbase-ceo-raises-questions-indias-shadow-ban-on-crypto-trading/</a> ;<br />Amesten Capital raises $9 million to focus on DeFi: <a href="https://inc42.com/buzz/web3-crypto-focused-investor-amesten-capital-bags-9-mn-to-focus-on-defi-finance-gaming-space/" rel="noopener">https://inc42.com/buzz/web3-crypto-focused-investor-amesten-capital-bags-9-mn-to-focus-on-defi