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Indian banks put crypto traders' accounts under the microscope

Published 02/23/2021, 08:49 PM
Updated 02/23/2021, 10:20 PM
Indian banks put crypto traders' accounts under the microscope

Cryptocurrency traders and investors in India are among the latest casualties in an increasing trend of personal account closures by global banking operations.

India’s parliament is currently contemplating a nation-wide crypto ban which local industry critics, such as former Coinbase CTO Balaji Srinivasan have compared to “banning the internet for five years.”

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