The National Payment Commission of India (NPCI) has refused to put a stay on the crypto transaction via UPI transaction amid growing demand from the Indian banks. The Supreme court of India last year had overruled the RBI banking ban following which most of the Indian crypto exchanges integrated direct UPI payment option for customers for deposits 8nstead of buying crypto via stable coins.
Crypto India: NPCI Refuses to Ban Cryptocurrency Trades Via UPI
coingape.com
06 May 2021 14:36, UTC