No Legal Challenge Against RBI for now even as the Central Bank Continues Outlash Against Crypto

Cryptocurrency India Weekly

Here are the top cryptocurrency news headlines from India this week:
India’s crypto policy body does not plan legal challenge against RBI: https://www.coindesk.com/policy/2022/05/26/after-armstrong-tweet-indias-crypto-policy-body-says-no-contempt-of-court-challenge-vs-rbi/ ;
New Finder’s report ranks India at number 1 for crypto adoption: https://www.outlookindia.com/business/india-tops-list-of-27-nations-surveyed-for-crypto-ownership-says-report-news-198943 ;
RBI governor once again lashes out against crypto: https://www.news18.com/news/business/cryptocurrency/cryptocurrency-has-no-underlying-value-our-stance-clear-says-rbi-guv-know-more-5228755.html ;
RBI proposes a graded approach for its CBDC: https://inc42.com/buzz/rbi-proposes-adopting-a-graded-approach-in-introducing-cbdc/ ;
Cryptocurrencies a key focus at the World Economic Forum in Davos: https://www.ndtv.com/business/get-your-crypto-house-in-order-world-economic-forums-old-guard-tells-davos-debutantes-3014151 ;
Binance APAC head calls for a better regulatory framework: https://inc42.com/buzz/binances-apac-head-calls-for-clear-regulatory-framework-in-india-to-attract-crypto-investments/ ;
"Will Walk Cautiously Until Indian Govt Comes To Its Senses": Tim Draper On Investment Plans In Crypto Space: https://inc42.com/features/will-walk-cautiously-until-indian-govt-comes-to-its-senses-tim-draper-on-investment-plans-in-crypto-space/ ;
CoinTracker enters India to help with tax compliance: https://inc42.com/buzz/crypto-platform-cointracker-enters-indian-market-to-help-with-tax-compliance/ ;
Blockchain startup STAN raises $2.5 million: https://www.ndtv.com/business/blockchain-based-startup-stan-raises-2-5-million-3007214 ;
Gather Network to launch its first commercial establishment in India: https://www.financialexpress.com/digital-currency/blockchain-based-gather-network-to-launch-its-first-commercial-establishment-in-india/2538326 ;
CoinDCX launches ‘Earn’ feature that pays interest on crypto assets: https://www.livemint.com/companies/start-ups/coindcx-launches-earn-feature-that-pays-interest-on-crypto-assets-11653543660260.html ;
Major Indian exchanges announce support for the Terra Network Airdrop and Migration plan;
WazirX listed the Manchester City Fan Token (CITY) in its USDT market;
Bitbns launches a crypto basics course on Unacademy;