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Kate Kurshina

Does your company work with cryptocurrency in payments?

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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?

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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.
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.
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.
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
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
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tree lemon
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