{"id":362444,"date":"2021-11-04T20:00:00","date_gmt":"2021-11-04T17:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/indias-top-payment-firm-paytm-reportedly-considers-bitcoin-services\/"},"modified":"2021-11-04T20:00:00","modified_gmt":"2021-11-04T17:00:00","slug":"indias-top-payment-firm-paytm-reportedly-considers-bitcoin-services","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/indias-top-payment-firm-paytm-reportedly-considers-bitcoin-services\/","title":{"rendered":"# India\u2019s top payment firm Paytm reportedly considers Bitcoin services"},"content":{"rendered":"<p>&#8220;<strong># India\u2019s top payment firm Paytm reportedly considers Bitcoin services <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvYmYwNzM2YTctNzQ0YS00MGFlLTlhNjgtODQ5MTNmYzI2NjQ3LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Paytm, India&#8217;s leading digital payments company, has said Thursday that it would consider Bitcoin services if the country&#8217;s regulatory framework for cryptocurrencies was more definite.<\/p>\n<p>Speaking to Haslinda Amin and Rishaad Salamat during an<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-11-04\/paytm-may-consider-bitcoin-offerings-if-india-legalizes-crypto\"> interview<\/a> on Bloomberg TV, Paytm&#8217;s Chief Financial Officer Madhur Deora stated that the rules surrounding Bitcoin (BTC) remain in a \u201cgrey area\u201d in India.<\/p>\n<blockquote><p>\u201cBitcoin is still in a regulatory grey area if not a regulatory ban in India. [&#8230;] At the moment Paytm does not do Bitcoin. If it was ever to become fully legal in the country then clearly there could be offerings we could launch.\u201d<\/p><\/blockquote>\n<p>The Reserve Bank of India (RBI) had initially prohibited cryptocurrencies, but the\u00a0decision was reversed by India&#8217;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.<\/p>\n<p>Even though the government has considered crypto legislation, the RBI has steadfastly opposed it, and it is still pushing for a ban. As reported by Cointelegraph, Nirmala Sitharam, the country&#8217;s finance minister, said that while the government is &#8220;not against cryptocurrencies,&#8221; it will look at how they might assist India&#8217;s financial <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> sector.<\/p>\n<p>Deora&#8217;s remarks come as Paytm prepares for its initial public offering, which is expected to occur in mid-November and will value at $2.5 billion. According to reports, the IPO is set to become India&#8217;s biggest ever capital market debut.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/india-s-top-payment-firm-paytm-reportedly-considers-bitcoin-services\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# India\u2019s top payment firm Paytm reportedly considers Bitcoin services &#8221; Paytm, India&#8217;s leading digital payments company, has said Thursday that it would consider Bitcoin services if the country&#8217;s regulatory framework for cryptocurrencies was more definite. Speaking to Haslinda Amin and Rishaad Salamat during an interview on Bloomberg TV, Paytm&#8217;s Chief Financial Officer Madhur Deora&#8230;<\/p>\n","protected":false},"author":1,"featured_media":362445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvYmYwNzM2YTctNzQ0YS00MGFlLTlhNjgtODQ5MTNmYzI2NjQ3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,88066,74858,74863,107888,78031,74355,17318,70934],"class_list":["post-362444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-in-india","tag-bitcoin-regulation","tag-cryptocurrencies","tag-rbi","tag-reserve-bank-of-india","tag-adoption","tag-india","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/362444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=362444"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/362444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/362445"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=362444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=362444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=362444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}