In April 2018, the Reserve Bank of India (RBI) effectively banned banks through a notification from supporting or engaging in crypto transactions until the Supreme Court overturned the restriction two years later. Thus, it is unlikely that the RBI or RBI governed NPCI would release any official document, notification, circular, or order that could push banks or payment gateways from providing their services to crypto exchanges.
Related posts
-
Bitcoin (BTC) Price Leads Crypto Market as ETF Options Traders Go Degen
Bitcoin (BTC) is eyeing record highs once again heading into Wednesday’s U.S. session. The largest crypto... -
Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says
The broker raised its price target on the trading platform’s stock to $51 from $30. Source... -
Crypto Exchange Archax Adds Tokenized Money Market Funds From State Street (STT), Fidelity and LGIM (LGEN)
“Tokenized real-world assets, and in particular funds, are really gaining momentum,” said Graham Rodford, CEO and...