Synopsis
In 2018, the Indian government and the Reserve Bank of India issued several warnings against trading in cryptocurrencies, including Bitcoins. The government even compared them to Ponzi schemes.
Mumbai: Two years after the big banks stopped dealing with cryptocurrency exchanges and their customers under the leadership of the central bank, the two sides are now back in business, according to four people with direct knowledge of the topic. Bank, Yes Bank and ICICI Bank have started allowing customers to use bank accounts on cryptocurrency trading platforms, they said.
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