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Indian Banks Halting Services to Crypto Industry Post RBI Clarification

Indian Banks Halting Services to Crypto Industry Post RBI ClarificationSeveral Indian banks have reportedly halted services to customers dealing in cryptocurrencies despite the central bank, the Reserve Bank of India (RBI), informing them that the banning circular is no longer valid. The latest bank to join the fray is IDFC First Bank. IDFC First Bank has become the latest bank to halt services to […]

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National Payments Corporation of India Says It Will Not Ban Cryptocurrencies Through UPI

National Payments Corporation of India Says It Will Not Ban Cryptocurrencies Through UPIIndia’s payments authority, the National Payments Corporation of India, has reportedly said that it will not ban cryptocurrency transactions. Banks are to make their own decision whether to allow crypto transactions. The National Payments Corporation of India (NCPI), has refused to ban cryptocurrency transactions, local media reported Thursday. NCPI runs the Unified Payments Interface (UPI), […]

Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations