The recent judgment by the Supreme Court of India has been positively received by the crypto players. In India, amid the previous crypto ban confusion; several startups have been venturing into the crypto market, according to Financial Express.
As the news of Visa revealing its plans to partner with blockchain companies and MasterCard launching a global initiative issuing payment cards through an authorized cryptocurrency platform for virtual currencies are out, many are betting big on the innovations in blockchain technology.
There’s already an enormous interest around due to pro-crypto trading measures across the world, which can transform business operations everywhere.
Many are taking about India falling out of this blockchain revolution. Nischal Shetty, CEO & Founder, WazirX speaking about the cryptocurrency-based payment cards said, “The introduction of cards could be a great way to boost the adoption of cryptocurrency as a part of the mainstream financial system of the country. It also aligns with our digital India mission, thereby creating flexible yet transparent and robust digital financial services”.