India’s Banks Tigthen Cryptocurrency Regulation, Prohibit Use of Credit Cards in Trading


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Several weeks after Western banks banned the usage of credit cards in cryptocurrency investment, banks in India have prohibited debit and credit card usage in cryptocurrency purchases. In a statement sent to its customers obtained by Quartz, Citibank wrote: “[There have been] concerns, both globally and locally, including from the Reserve Bank of India, cautioning

The post India’s Banks Tigthen Cryptocurrency Regulation, Prohibit Use of Credit Cards in Trading appeared first on CCN

Posted by Joseph Young on February 15, 2018 @ https://www.ccn.com/indias-banks-tigthen-cryptocurrency-regulation-prohibit-use-credit-cards-trading/

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