Episode Details

06th April: Crypto & Coffee at 8 🎙️
🔴 India: One million CBDC users! ❌Peer to Peer Marketplace shut down 🟠 Japan’s role in Web 3.0! ⚡BUGATTI and Asprey NFT collection

India: 😡 Hate for Bitcoin & Crypto Love for CBDC ❤️
💢 Reserve Bank of India (RBI) is aiming to increase the number of customers in the pilot project for retail Central Bank Digital Currency (CBDC) to half a million by July this year from 90,000 customers currently. Last year on November 1, and December 1, 2022, RBI launched the CBDC for wholesale and retail respectively. While the use case of the wholesale CBDC is limited to the settlement of secondary market transactions in government securities, the retail e-rupee-is being piloted within a closed user group (CUG) comprising participating customers and merchants. Article via The New Indian Express here https://lnkd.in/dH6rrmju

Japan 💓 Web3
❤️ CoinDesk has reported that Japan Approves Web3 White Paper to Promote Industry Growth in the Country The document proposes more tax reform, clearer accounting standards and a DAO law. Official info here https://lnkd.in/dfY6fjZm The article here https://lnkd.in/dVtCT7uA states that Japan’s ruling Liberal Democratic Party’s Web3 project team has published a white paper laying out recommendations for growing the country’s industry, which has become part of national strategy under Prime Minister Fumio Kishida’s administration.

🟦 Whereas in the USA the Extreme Left Leaning Democratic party is not a fan of Cryptocurrency, Opensource & Freedom of speech.

🔻 Peer to Peer Lending Marketplace shuts down
🔻 Ray Youssef announced the suspension of its marketplace the Paxful, one of the world’s largest peer-to-peer (P2P) cryptocurrency exchanges by volume. He cited key staff departures and regulatory challenges for the industry as the reasons behind the decision. Official info via the blog post. Bitcoin Magazine post states that The news of Paxful’s suspension comes amid growing regulatory scrutiny
 of the cryptocurrency industry, particularly in the U.S. Paxful’s move highlights the challenges facing the industry and the importance of self-custody for investors. https://lnkd.in/dAgjrDFj
 

💰 Most Expensive Bitcoin NFT Collection
🚘 Asprey and BUGATTI announce a limited edition collection of precious ‘objet eggs’ with generative art in Bitcoin. Official news here https://lnkd.in/dQ98XPVy. The Buggati NFT will come with a physical counterpart.
 — The eggs will cost a fortune, selling for $20k-50k a piece, depending on the item number. 
- Eggs 100 to 111 would be valued at over $200 thousand. 
 

🟠 Two UAE news ( See slides )
⚡ Dubai a