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India’s Paytm might have Bitcoin plans, but here’s the caveat
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ambcrypto.comIndia, one of the world’s most populated countries, is home to a huge number of cryptocurrency investors. Just recently, investments in these tokens crossed the $10 billion mark. Needless to say, crypto-money regulations, set to be implemented by around February 2022, are expected to affect the entire ecosystem.
Crypto-holding Indian founders, entrepreneurs, and VCs have made crypto a significant part of their identity, net worth, and/or business. These are resourceful, connected, internationally mobile people who have been preparing for possible restrictions on cryptocurrencies for many years.
Many of them are ideologically dedicated to the success of cryptocurrencies. India’s Paytm is likely to be the next addition to this group.
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