RBI on Bitcoin and Cryptocurrency Ban | HDFC Bank SBI Card Notify to Customer

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RBI on Cryptocurrency Ban. HDFC Bank, SBI Card Warn Customers Of Restrictions If They Deal In Cryptocurrencies .
Cryptocurrency HDFC Bank SBI other banks warn users of account suspension if trading continues.

Major Indian banks have started warning customers against using their services to trade in cryptocurrencies. In an email to customers, banks, including HDFC Bank and State Bank of India, have said that users who deal in virtual currencies may face account suspension citing a 2018 circular from the Reserve Bank of India. Notably, the circular was struck down by the Supreme Court in March 2020.


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Crypto Investing
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