Top institutions such as State Bank of India, ICICI Bank, HDFC Bank, and Yes Bank are allowing customers to use their bank accounts to fund cryptocurrency trading.
Nischal Shetty, CEO of Binance-backed cryptocurrency exchange WazirX, told CoinDesk that banks have reached out to the company to offer working capital or other loans and financial services. While banks have begun serving crypto exchanges and traders, the Indian government’s stance on cryptocurrency trading remains unclear.
https://www.coindesk.com/indias-banks-are-once-more-serving-crypto-traders-and-exchanges
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
