Paytm Payments bank to stop cryptocurrency transactions
Several payment gateways have decided to stop allowing the transfer of Indian currency to crypto exchanges in India
The trend was started by ICICI Bank which pulled the plug on such transactions
RBI has issued a private ‘diktat’ to all banks to re-consider transactions related to cryptos
API-based real-time cryptocurrency transactions won’t be possible on Indian exchanges shortly
No Indian crypto exchanges could facilitate a transaction using Paytm Payments Bank accounts since Thursday
