Cryptocurrency 13 July 2026 - 21 July 2026

Crypto turnover in India is now close to $5 billion a day, up from what analysts say was about $2.1 billion in Indian digital asset holdings at the end of May. The difference suggests much of the activity is coming from brisk futures trading, not new investment, as traders look for a lighter tax hit than they get with spot transactions.

Pakistan’s crypto regulator is in talks with top Islamic scholar Mufti Taqi Usmani after a fatwa declared that crypto purchases are not acceptable under Islamic law, pushing a religious dispute into the country’s still-forming licensing plan. Bilal bin Saqib, chairman of the Pakistan Virtual Assets Regulatory Authority, said tokens should be considered case by case based on their design and use. Usmani has not shifted his view.