This week's crypto market highlights:

⚫ Coinbase disables new user registrations in India

⚫ PayPal launches crypto-to-USD conversion

⚫ US tops Bitcoin holders in government, India leads world in crypto adoption, and Hong Kong is best for crypto business location

⚫ TON Space wallet launches on Telegram and Telegram partners with TON Foundation ⚫ CoinEx and ENS are hacked

⚫ Telo News team joins TOKEN2049

⚫ Russia may legalize DeFi and help North Korea with money laundering

⚫ Huobi's brand was changed to HTX

⚫ US banks reached record unrealized losses in securities

⚫ Biden wants to impose a 25 percent tax on billionaires

⚫ Huobi employee created trojan virus for iToken users