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SBI threatens to suspend credit cards used for crypto transactions

Shortpedia

Content Team
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After ICICI Bank and Paytm Payments Bank recently decided to block transactions by users towards crypto exchanges, India’s largest bank State Bank of India has now issued another advisory to its customers. In its email to its credit card customers, the bank has cautioned that any usage of credit cards for crypto transactions may lead to suspension or cancellation of the customers’ SBI credit cards.