Indian payment giant PayTM could offer Bitcoin services if the government makes crypto legal, says CFO regulation

Von Krypto News Österreich

PayTM, one of the largest payment companies in India, is ready to offer Bitcoin services when the crypto asset becomes legal in the country. If Bitcoin should "ever become completely legal in the country, then there could be clearly offers that we could bring onto the market," he said.

PayTM is open to Bitcoin offers

PAYTM CFO Madhur Deora has indicated that his company is ready to offer Bitcoin services when the crypto asset in India is legal, local media reported on Thursday, citing his recent interview with Bloomberg TV.

deora was cited with the words:

Bitcoin is still in a regulatory gray area, if not in a regulatory ban in India. At the moment PayTM doesn't make Bitcoin. If it should ever become completely legal in the country, we could of course bring offers on the market.

In August last year, PayTM supposedly Can be suspected of cryptozel.

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PayTM is currently the second most important internet company. The company plans to start an IPO (IPO) between November 8 and 10. The IPO, which is expected to increase the value of the company to $ 20 billion, will be the largest IPO in the history of India.

The Indian government has been working on a cryptocurrency law for some time. The government originally considered a draft law to ban cryptocurrencies such as Bitcoin. However, the latest reports indicate that the government is now planning to regulate the crypto sector. The crypto legislation becomes " distinctive and unique " said. According to officers of the Ministry of Finance, the Ministry of Finance said that the crypto regulation most likely to the February

In the meantime, the central bank of the country, the Reserve Bank of India (RBI), still "serious concerns" in relation to the cryptocurrency communicates to the government. The RBI also said that a digital rupees model could be presented by the end of the year.

Do you believe that PayTM should offer cryptodes? Let us know in the comment area below.

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