The Fintech Industry in India has seen significant traction in the past year. The Industry is driven by individuals who have contributed their knowledge and expertise to enrich the Fintech

The post Top 30 Indian Fintech Influencers 2022 appeared first on Fintech Singapore.

RBI Governor Shaktikanta Das told reporters at an online press conference that there is no change in RBI’s position on crypto trading in India. He said this after the monetary policy statement, adding that they have significant concerns around cryptocurrency, which they have conveyed to the government. India’s Position on Virtual Currencies This is aRead More

The Reserve Bank of India (RBI) continues to have "major concerns" around crypto, Governor Shaktikanta Das has said.

The post India’s central bank still has ‘major concerns’ on crypto, says the governor appeared first on The Block.

HDFC Bank in India today sent out an email to its customers whom it has warned against crypto transactions, to ignore its early warnings. The HDFC bank was among several others that have warned its customers to refrain from any crypto transactions citing a Supreme Court quashed circular from 2018. The bank in its latest

The post Crypto India: HDFC Withdraws its Early Warning Against Crypto Transactions appeared first on Coingape.

TL;DR Breakdown • Reserve Bank of India clarifies there are no restrictions on cryptocurrencies.• Indian bank users must comply with FEMA. Cryptocurrencies investors are relieved after RBI clarifications about banks not accepting virtual currencies. The Reserve Bank of India clarifies that banks cannot cite the 2018 order prohibiting crypto trading. This announcement comes after banks […]

Indian cryptocurrency holders and users can finally breathe a sigh of relief as RBI released its objection to banks using its old circular to refrain from processing crypto payments. As per the Reserv

The post Finally, India's RBI breaks its silence on 'crypto ban' appeared first on AMBCrypto.

Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular.

Although crypto trading isn’t illegal in India, big banking institutions in the country are sending their customers advisories to refrain from indulging in crypto transactions. As reported by a local news publication The Hindu, many banks are sending formal warnings to their customers for digital currency transactions. The banks are citing the 2018-rule from the Reserve

The post Indian Banks Send Advisory to Customers to Follow RBI guidelines and Refrain from Crypto Transactions appeared first on Coingape.

Leading banks such as Barclays have all blocked their customers from transferring funds to cryptocurrency exchanges. Online challengers like Monzo and Starling...

TL;DR Breakdown • HDFC Bank alerts on cryptocurrency restrictions by email.• SBI Cards and Payment services join the restrictions in the decentralized market. HDFC Bank has been warning its clients about cryptocurrency restrictions. In emails, HDFC Bank asks its customers about crypto transactions, and they advise against using them. HDFC Bank cites a circular created […]

Leading Indian banks are warning their customers of restrictions if found to be using their credit/debit cards for buying crypto.

HDFC Bank and SBI Card have warned cryptocurrency users in India against transacting in digital currencies.

The post Indian Bank and Card Service Provider Warn Against Virtual Currency Transactions appeared first on BeInCrypto.