Payment Gateway Operators News Today

Lack of Clarity: ICICI shuts out crypto trades Synopsis Indias largest private sector lender ICICI Bank is distancing itself from Bitcoin and other cryptocurrencies amid conflicting signals from the Supreme Court and Reserve Bank of India (RBI). Indias largest private sector lender ICICI Bank is distancing itself from Bitcoin and other cryptocurrencies amid conflicting signals from the Supreme Court and Reserve Bank of India (RBI). On Thursday, the bank told some of the payment gateway operato...

Lack of clarity: ICICI Bank shuts out crypto trades Payment gateway firms, acting as vital third-parties, are the link for transferring funds from a customer’s bank account to the payment portal of merchants. Synopsis ICICI Bank’s online services can no longer be used to deal with crypto-currency exchanges and other entities which may be facilitating crypto trades. Mumbai: India’s largest private sector lender ICICI Bank is distancing itself from Bitcoin and other crypto currencies amid ...