The Future of Crypto: A Conversation with Rahul Pagidipati
The crypto market landscape has been evolving over the years globally and in India, with the growing interest of investors. While the booming market still remains unregulated in many nations, including India, central banks and governments are working actively to build a regulatory framework. Rahul Pagidipati, the CEO of ZebPay, one of India’s oldest crypto exchanges, shares his optimistic outlook for the future of crypto in an interview with ETMarkets.
Key Points:
- Pagidipati believes that the next decade could be the defining one for crypto as mainstream adoption increases.
- He sees short-term price swings as part of market dynamics and remains positive about the long-term outlook for Bitcoin.
- Pagidipati acknowledges the impact of macroeconomic factors like rate hikes and the dollar index on the crypto market.
- He emphasizes the importance of responsible investing and a disciplined approach to navigate the crypto market.
- ZebPay adheres to industry best practices and believes in the future of crypto regulations in India.
- CryptoPacks, a new feature introduced by ZebPay, offers performance tracking, risk assessment, and diversified portfolio construction for investors.
- Pagidipati highlights the need for a robust regulatory framework and reasonable capital gains tax to drive investment into cryptocurrencies.
- He believes that collaboration between industry stakeholders and regulatory authorities will lead to a balanced framework.
- Pagidipati views the collapse of crypto platforms like FTX as a result of poor corporate governance and unethical business practices, rather than the absence of regulations.
- ZebPay has been in the Indian crypto market for 10 years, focusing on user-centricity, security, and constructive policies.
- In the next 10 years, ZebPay aims to be a leader in the blockchain-asset financial advisory space and continue empowering users in their crypto journey.
Hot Take:
Rahul Pagidipati’s positive outlook on the future of crypto in India and globally reflects the growing potential and impact of the industry. While short-term volatility and regulatory challenges persist, the next decade could see mainstream adoption and significant growth. ZebPay’s focus on customer happiness, financial advisory, and continuous improvement positions them well for success in the evolving crypto market.
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