Bybit, a crypto exchange with the largest user base from Russia, has temporarily suspended operations in India due to ongoing regulatory challenges. While promising to honor withdrawals, other services like trading and new accounts are restricted.

For all the key details of new Distributed Ledger Technology (DLT) projects in the banking world, real-world asset (RWA) tokenization, stablecoins, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' weekly has you covered. CBDC Updates 'Urgency' Required in Digital Euro Rollout

India is once again weighing up a crypto ban in order to boost adoption of the digital rupee, while the Russian regulator warns banks of penalties. A new report suggests tokenization has little risk of jeopardizing financial stability.

The Chinese-led mBridge protocol is making progress, with the second digital yuan payment transaction publicly recorded. India's CBDC program has five million users but no public transaction figures to share. Experimentation with tokenization is expanding across the region.

Shortly after receiving approval from the local anti-money laundering watchdog, Binance is now haunted by another regulator. Other global crypto exchanges might face the same charges.

A new currency for Zimbabwe plus the rest of the week's banking and CBDC news from Observers.

KuCoin becomes the first global crypto exchange to re-enter India after offshore crypto exchanges were blocked in the country last year.

For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, stablecoins and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. A senior Indian regulator has admitted that the traditional finance sector needs to compete