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Main Indian banks are clamping down on prospects utilizing financial institution accounts for cryptocurrency transactions.
Over the previous few months, HDFC Financial institution and State Financial institution of India – to call two such lenders – have despatched official notices to many shoppers warning them of curbs – together with everlasting closure of accounts.
“Kindly make clear the character of those transactions…inside 30 days,” in accordance with one such communication from HDFC Financial institution.
A letter from SBI Card
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