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The Block (@TheBlockCo): THE BLOCK: India's USDT premium has climbed above 8.5%, more than twice its typical range, as a local supply crunch followed Enforcement Directorate s…

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THE BLOCK: India's USDT premium has climbed above 8.5%, more than twice its typical range, as a local supply crunch followed Enforcement Directorate searches of crypto-linked remittance firms, The Economic Times reported. A Parliamentary Standing Committee on Finance meeting with the RBI on July 2 is set to discuss India's path forward on crypto regulation.

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