Banks seek formal NPCI note on crypto UPI curbs - Economic Times

The banks, some of which are shareholders of NPCI, raised the issue at a recent meeting after the payments body expressed its reservations a few weeks ago on the fund flows through UPI for crypto trades, two persons aware of the discussions in the meeting sai…

Mumbai: Questioning the `shadow ban on cryptocurrencies, leading banks have asked the umbrella institution National Payments Corporation of India (NPCI) to spell out in a formal directive the curbs o… [+3137 chars]

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