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Tuesday

21 September 2021

State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform – Finance Bitcoin News

State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform – Finance Bitcoin News


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State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform – Finance Bitcoin News.

State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI).

State Bank of India, the country’s largest bank, has reportedly “blocked the receipt of funds by crypto bourses on its UPI platform,” the Economic Times reported Wednesday, citing sources in the payments industry.

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