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Paytm Payments Bank Pulls The Plug On Cryptocurrency Transactions

Shortpedia

Content Team
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Paytm Payments Bank has pulled the plug on crypto related transactions on Indian exchanges. The development is part of the move taken by several payment gateways to stop allowing transfer of Indian currency to crypto exchanges in India. According to Nischal Shetty several payment gateways have severed ties with Indian cryptocurrency exchanges over the past couple of weeks after ICICI Bank refused to allow such transactions.