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bitcoinlatinos.shop � web � personal-banking � cards � debit-card � faq-on-cbdc. State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). SBI bank customers will not be able to transfer funds via the UPI to crypto exchanges to buy crypto, including bitcoin, according to the report.

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Dons of Dalal Street. The sign-up process is quick and free of charge. This exchange is in compliance with India's financial regulations, ensuring free INR deposits that are swiftly accredited to the user's account. With this, traders cannot buy Bitcoin or any cryptocurrency by transferring funds via UPI, as none of the processors which handle funds for exchanges will be unable to receive money sent for crypto purchases on their SBI accounts.