Paytm Payments Bank continues to make major strides on UPI platform yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Amid Bitcoin chaos, Paytm Payments Bank aborts cryptocurrency exchanges
Paytm Payments Bank Ltd (PPBL) has neither given the cryptocurrency exchanges any reason for this formally nor told them whether this was because of any regulator issue
BusinessToday.In | May 21, 2021 | Updated 09:17 IST
Several banks had earlier this week ended their association with cryptocurrency exchanges after the RBI unofficially told them to revisit ties with them
Paytm Payments Bank Ltd (PPBL) will not permit people to purchase and sell crypto assets via its platform from Friday (May 21) evening, when it will cease to deal with cryptocurrency exchanges.
PPBL s competitor PayPal and other payment processors that authorise buying cryptocurrency on their platforms are also likely to pull the plug.