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Daily Digest Of Tech Policy News And Updates (May 17, 2021)

Bringing you quick updates on the tech space, policy-making and digital rights from India and across the globe.  Hitches emerge as Indian crypto-exchanges introduce $SHIB token Indian crypto-currency exchanges have started listing Shiba Inu ($SHIB), a meme crypto-token, with some hiccups along the way. The token saw huge demand in India following a donation by Ethereum co-founder Vitalik Buterin, who donated a significant portion of his $SHIB holdings, at that time worth US$1 billion, to Sandeep Nailwal's "India Covid-Crypto Relief Fund". As the Economic Times reported, shortages of the meme coin on WazirX's platform led to differences between local and international prices of $SHIB. After the prices went down dramatically as the market calmed down, WazirX founder and CEO Nischal Shetty promised to remedy some traders' steep losses by "airdropping" its homegrown $WRX token in quantities equivalent to what traders lost. Read more on the Economic Times. DoT holds readiness meeting ahead of Cyclone Tauktae The Department of Telecommunications on Saturday held a meeting to plan for any damage to telecom infrastructure along the west coast, the Tower & Infrastructure Providers Association said in a press release. "The meeting was chaired by Shri Anshu Prakash, Secretary (Telecom), Department of Telecommunications and was also attended by the telecom operators along with various senior DoT officials including Shri TK Paul, DG Telecom and other officials from State offices," TAIPA said. The DoT brought up issues like availability of adequate diesel backup and battery backup, along with free movement of supplies needed to…

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I cover the digital content ecosystem and telecom for MediaNama.

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