Lack of clarity: ICICI Bank shuts out crypto trades – Economic Times

Lack of clarity: ICICI Bank shuts out crypto trades – Economic Times

Mumbai: India’s largest private sector lender ICICI Bank is distancing itself from Bitcoin and other crypto currencies amid conflicting signals from Supreme Court and Reserve Bank of India (RBI). On Thursday, the bank told some of the payment gateway operators to shut off ICICI net banking for merchants who are involved in buying or selling of Bitcoins directly or indirectly. With this, ICICI Bank’s online services cannot be used to deal with