Banks Suspends Accounts of Crypto Exchanges

Banks suspend bitcoin accounts

The leading banks had suspended accounts of chief bitcoin exchanges in India suspecting to have involved in uncertain transactions. The State Bank of India, Axis Bank, ICICI Bank, HDFC Bank and Yes Bank had deferred the accounts of Zebpay, Unocoin, CoinSecure, BtcxIndia and other crypto exchange platforms. A banker had stated that the action was not ordered by the RBI.

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