The government of India is set to propose a new crypto bill in Parliament. This bill contains some regulations that are unfavorable to India’s cryptocurrency economy. In the midst of this, Vijay Shekhar Sharma, the founder of Paytm, has a lot to say. Paytm is an Indian multinational technology company that specializes in digital payment […]
In India, the regulatory environment surrounding Bitcoin is still in a "grey area." Paytm, India's leading digital payments company, said Thursday that it would consider Bitcoin services if the country's regulatory framework for cryptocurrencies was more definite.Speaking to Haslinda Amin and Rishaad Salamat during an interview on Bloomberg TV, Paytm's chief financial officer Madhur Deora stated that the rules surrounding Bitcoin (BTC) remain in a “grey area” in India.“Bitcoin is still in a regulatory grey area if not a regulatory ban in India. [...] At the moment Paytm does not do....
Paytm, one of India’s largest payments companies, is open to offering bitcoin services if the crypto asset becomes legal in the country, according to its chief financial officer. If bitcoin “was ever to become fully legal in the country, then clearly there could be offerings we could launch,” he said.
Paytm Open to Bitcoin Offerings
Paytm Chief Financial Officer Madhur Deora has indicated that his company is open to offering bitcoin services if the crypto asset becomes legal in India, local media reported Thursday, citing his recent interview with Bloomberg....
The founder of Paytm, a major digital payment company in India, is “very positive about crypto.” Noting that cryptocurrency is here to stay, he expects it to become a mainstream technology in a few years.
Paytm Founder Is ‘Very Positive About Crypto’
Vijay Shekhar Sharma, the founder of Paytm, said at a virtual conference organized by the Indian Chamber of Commerce (ICC) Thursday that cryptocurrency is here to stay, PTI reported. He added that crypto is Silicon Valley’s answer to Wall Street.
Paytm is an Indian multinational....
The government of Ukraine legalized crypto and digital assets on its territory. Per an official post, the president of the country Volodymyr Zelenskyy signed a law that legalizes transactions with this asset class. Related Reading | Iranian, Venezuelan OpenSea Users Blocked From NFT Platform Over Russia’s Attack On Ukraine According to the law, crypto exchange […]