The US is increasingly becoming aware of how regressive its crypto approaches are and how far it is falling behind as compared to the UK, EU, and APAC.

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As against the hype cycle of 2021 when NFT projects were in high demand, startups building on underlying blockchain infrastructure, data and analytics, and user onboarding solutions are on VC’s radar this time.

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Decentralised Finance (DeFi) app Pillow has decided to wind down its services and its app. The company revealed its decision to shut its app late Tuesday via an in-app notification sent to all of its existing users.

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Simplifying Crypto Tax Filing for Indians

Founded in December 2022, TaxNodes is led by Avinash Shekhar @Pi42.com, a chartered accountant and crypto industry veteran. Shekhar was the CEO of ZebPay till September 2022.

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The VC firm believes the UK government has demonstrated a strong commitment to Web3 innovation. In fact, UK PM Rishi Sunak has expressed his belief in the UK's potential to become a hub for Web3 development.

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Investment bank JP Morgan has partnered with six major Indian banks to settle interbank dollar transactions using its blockchain-based trading platform, Onyx.

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.Charles d'Haussy | dYdX and Karan recently featured in YourStory 💪

In an article titled;

‘India in Focus for dYdX Foundation as Decentralized Crypto Platform Gears up for Mainnet’

In this 🧵 we highlight some of the key talking points👇
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As dYdX gears up for the launch of its standalone blockchain network, the decentralised crypto trading firm's foundation wants to tap into India’s vibrant Web3 talent.

dYdX

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India has been pushing for a concerted global effort towards establishing crypto regulations. As the president of G20, which accounts for nearly 80% of the global economy, the country can set the agenda for this important economic bloc.

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.CoinDCX: India's Safest Crypto Platform says the new technology will enable a near 100% transaction success rate and efficient handling of various failure scenarios.

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The Uttar Pradesh Board of Secondary Education is introducing cryptocurrency in its curriculum for students between classes 9 and 12.

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Polygon Co founder Sandeep AggLayer. polygon 💜 will be investing $500,000 of his own funds in 10 different Web3 entrepreneurs/ projects. yourstory.com/the-decrypting…

Started by Keshav Saraogi and Shraddha Agarwal, Singapore-headquartered SpotSpreads creates liquid markets for a number of Indian and international crypto exchanges. Here’s how:

SpotSpreads Keshav Saraogi

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The Karnataka Skill Development Corporation (KSDC) has floated a tender to select a firm to implement blockchain-based digital certificates for skill-based courses, as per a report by MoneyControl.

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The system, called the Canton Network, aims to link various institutional applications while offering better privacy and controls than existing technology.

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The Himalayan kingdom of Bhutan, together with the Nasdaq-listed Bitdeer Technologies, is planning to set up a $500 million corpus to develop crypto mining in the country, as per a Bloomberg report.

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With a context-specific infrastructure for computation, My Own Internet (MOI) and its blockchain are looking to build a personalised network that emulates human interaction to a closer degree than most other chains.

MOI

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Super thrilled to meet (and host) Boris Wertz in India and introduce the Version One Ventures founding partner to India's vibrant Web3 community!

More details in the tweet below: