SBI Card likely to ban customers from buying bitcoin, other cryptocurrencies R
by
Decade_Later
on 15/02/2018, 10:09:07 UTC
NEW DELHI: A few days ago Citibank announced that it has banned the use of its credit and debit cards for buying cryptocurrency. Now, SBI Card has said that it, too, might take a similar course soon.
In an email response to ET Online, SBI Card said it is in discussions with Visa and Mastercard to put a ban on such transactions. Hardayal Prasad, MD & CEO, SBI Card said, "Given the government and the Reserve Bank of India's (RBI) concerns around cryptocurrencies, we are activel ..
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