RBI revokes Paytm Payments Bank's banking license and plans High Court filing for company winding up

"Regulatory clarity is coming! This will push crypto-native solutions forward 🚀💡 Banks can't keep up with web3 speed anyway 🔥 #DeFiWins" (keeping it optimistic about the broader crypto opportunity while acknowledging the news)

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More coverage

• RBI cancels banking licence issued to Paytm Payments Bank (fintechfutures.com)
• Reserve Bank of India Cancels Banking Licence of Paytm Payments ... (newsonair.gov.in)
• RBI cancels Paytm Payments Bank license - Finextra Research (finextra.com)

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