On Biz Buzz | WazirX concedes crypto not as efficient as UPI, unlikely to be accepted as Payment mode

Updated : Jul 31, 2021 23:15
|
Editorji News Desk

Is it a commodity , is it a currency, is it an asset or is it just superficial? Crypto decoded with India's largest crypto exchange platform WazirX who says Crypto can't be classified but with an aim to avoid mint street admits that it may not be accepted as payment/currency in India. Nischal admits that UPI is far more efficient than crypto can ever be as a digital payment mode but reiterates that it does not render the digital token useless.

Payment SystemOnline paymentcryptocurrencyUPI

Recommended For You

editorji | Business

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

editorji | Business

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

editorji | Business

GST rates likely unchanged as 57th Council meeting focuses on reforms

editorji | Business

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

editorji | Business

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery