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Cryptocurrencies - India Now Has It's Own Crypto Index And Airbnb Could Accept Cryptos As A Payment

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Hello Friends,

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I am sure everyone is enjoying the First week of the new year and we are already close to the weekend with Thursday is already up (here in India) and yes, 2 more days to go for the weekend!!!!

Let me start this blog with a news that many Indians were waiting for and that is, India getting it's own Cryptocurrency index and the Second BIG news I would like to highlight today is about a global travel company's possible plan of accepting Cryptos as a payment and the company is Airbnb!!

Let me go with India's Crypto index First.

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India is among the fast emerging economies in the World with Prime Minister Narendra Modi among the most popular politicians across the globe.

Indians are excelling everywhere whether it's Space, Science, Information Technology, Politics, Governance or Sports. Yet, India has been on the backfoot when it comes to taking a decision on regulating virtual currencies as they are yet to come up with their own CBDC which has been in the talk for many months now.

Because of that or some other reason, India didn't have a Cryptocurrency index developed so far. But, that is a past now, as the CryptoWire which is known for many First's, has developed an exclusive index known as IC15 for tracking 15 most popular Cryptocurrencies such as Bitcoin, Ethereum, Binance, Ripple etc.

So, the IC15 will most probably will be the benchmark for fund managers, investors and Crypto enthusiasts in India and it will be something the Crypto lovers use to research and decide before investing and obviously, it will act as a research tool.

Airbnb might accept Cryptos as payment:

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Airbnb is the World's top accommodation booking platform without owning any of the properties. It's main income will be the commission it gets by suggesting the customers the best available accommodation considering the comfort, cost and facilities and gets rewarded in the form of commssion.

Well, this is something which will be widely welcomed as the World's well known travel company has set some new things to be achieved in this new year and accepting Cryptos as a payment seems to be an high priority agenda for them as per the confirmation of tweets by Airbnb management.

Airbnb's CEO Brian Chesky recently tweeted with the things customers wants to see on Airbnb as he seems to have received about 4000 different suggestions and he disclosed the top 6 among those and Crypto as a payment method was the top most suggested point it seems.

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As Brian's tweet shows, customers do have more suggestions about accepting Crypto along with loyalties, discounts and other things and the team at Airbnb is already working hard to get those suggestions implemented.

As of now, Airbnb accepts payments via Visa, Mastercard, Paypal, Google Pay and Apple Pay and adding Crypto payment option will definitely bring it more customers and in turn more revenue.

As such, US is known for accepting Crypto as a payment option although there is still a debate on using Cryptos as a legal tender.

Right now Electric car maker Tesla and US movie theater chain AMC are accepting the Cryptos as payments and Airbnb could very well join those and make the Cryptos even more popular whilst making itself more popular.

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While the year 2021 had more Crypto crimes than previous years, the efforts by various Governance bodies including IMF, World Monetary Fund etc are trying to form a global rule set to reduce the Crypto crimes, such news like Airbnb has shared will go a long way in convincing the regulation than the ban of Cryptos.

Let's keep watching Airbnb and other such Crypto enthusiasts and yes, 2022 will be definitely gonna be a way bigger year than 2021 as for as Cryptos are concerned as more than 100 countries have already begun or have been discussing about bringing their own digital currencies and many of those countries are even trying to regulate the Cryptos to accept them as a mode of payment or just allow them for trading and anything of those 2 will be a welcome thing for Crypto lovers.

The technology and innovation go hand in hand and the news we daily read about the Cryptos and Blockchain will keep us more attracted towards those.

As the World is staring at another wave of CoVid, seems like way bigger than the earlier 2, we must exercise caution as there are more chances of Crypto crimes due to joblessness across the World due to intended lockdowns to bring the active cases down.

Let's all keep ourselves and our families safe.

Thanks for another time for the well wishes, suggestions, support I get from the lovely people like you and I will continue to write about the things I read and bring it to you.

Have a great day :)

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