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Banks in India have contacted the National Payments Corporation of India (NPCI), a government agency under India’s Central Bank Reserve Bank of India that is responsible for operating retail payments and settlement systems in the country. They contacted NPCI to clarify the relationship between cryptocurrencies and the country’s Unified Payments Interface (UPI) platform. Local banks […]
NPCI’s formal directive on the use of UPI payment method for crypto transactions is unlikely to come soon. (Read More)
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