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💲 Paytm Waits For India's Government To Legalize Crypto To Launch Bitcoin Offerings

They want India's government to provide clarity around the crypto space first.

Hey Blockster, As crypto has become a multi-trillion-dollar industry, digital asset regulation has become a key topic among governments, investors, and businesses. On the one hand, some jurisdictions have established an efficient regulatory framework around cryptocurrency and blockchain to attract investment and create an environment for industry players where they can thrive. On the other hand, some nations have decided to ban or restrict digital asset-related activity to turn a primary focus on government-backed projects instead, such as the development of central bank digital currencies (CBDCs). However, there's a group of countries that remained undecided on the fate of crypto regulation. One of them is India, where digital asset service providers have recently joined forces to place a front-page ad in a leading local finance newspaper calling the government to regulate the industry. At the same time, Paytm, a prominent digital payments company in India, stated that it would consider adopting Bitcoin if the government legalizes cryptocurrencies. According to the company, until digital assets remain in a "grey area" in India, Paytm can't introduce any BTC offerings via its solutions. Take a look at this article on Blockdesk to learn the details of the story. In addition to Paytm's case with Bitcoin and digital asset regulation in India, we have collected more exciting stories from the cryptocurrency industry. Check them out below: Coinbase Acquires Agara To Provide Quality Customer Experience – Coinbase is among the most popular cryptocurrency exchanges in the United States that has been expanding at a rapid rate since its launch. Now, the company announced that it had acquired the India-based AI-powered customer support platform Agara. Australia's Largest Bank To Launch Crypto Services For Millions Of Customers – Ready for some bullish news? The Commonwealth Bank of Australia (CBA), the Oceanic nation's largest financial institution, has recently announced its plans to introduce cryptocurrency offerings to its millions of customers via a partnership with Gemini and Chainalysis. Crypto Is Still Extremely Early - Here's Why You Should Invest Now – Despite booming adoption and great demand, the cryptocurrency asset class is still in a very early stage. However, this is great news for investors, as it presents them with one more reason to gain exposure to crypto. 10 Things To Avoid When Trading Crypto – For many people, generating amazing profits by trading or investing in cryptocurrency seems like a scenario that can be easily achieved. In practice, however, you have to be very careful not to make any of the grave mistakes that could wipe away your profits and lead to a negative ROI. That's all we have for you today. However, the week hasn't ended yet, which means that we will return with a new collection of crypto stories tomorrow. Be sure to check your inbox regularly! Cheers, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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