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  • Does your company work with cryptocurrency in payments?

    Kate Kurshina
    10 replies
    I don't make purchases in cryptocurrency myself yet. But my company also plans to use cryptocurrency for users' convenience when paying for goods. Is this the same for you? How important do you think it is now?

    Replies

    James Salli
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    Daniel Engels
    No! Any substantial crypto activities would also seem suspicious for our bank (who could go as fas as freezing the accounts!) The legislation isn't ready for crypto as a means of payment in EU.
    Andrew Glenn
    @daniel_engels The legislation isn't ready anywhere!
    Navninder
    That is a good idea to include crypto payments. It is now possible with Stripe in some parts of U.S. I think this is helpful for people in countries where APIs like stripe are not available. People from countries like Nigeria still can't sell in international markets.
    Kanisk Gautam
    Nope. In my country, the only digital currency accepted by banks for transferring into INR is going to be the one authorized by GOI.
    Kanisk Gautam
    @dockefy yes but it's more like for trading and less for payment processing. Btw banks in India don't accept crypto due to value fluctuations
    Navninder
    @kanisk_gautam Hey Kanisk I think you can convert your crypto assets to cash using broker service like Coinswitch Kuber, WazirX etc. Tell me if I am wrong because it is mentioned in an article on indianexpress.com
    GFAlex
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    tree lemon
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