India’s top payment firm Paytm reportedly considers Bitcoin services
cointelegraph.comPaytm, India's leading digital payments company, has 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.
The Reserve Bank of India (RBI) had initially prohibited cryptocurrencies, but the decision was reversed by India's Supreme Court in March 2020. Since then, there has been little in the way of concrete action from either the government or the RBI regarding cryptocurrency regulations.
Even though the government has considered crypto legislation, the RBI has
Read more on cointelegraph.com
