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Fresh Crypto Investments In India At Near Halt As Banks Cut Ties
Many crypto users are unable to deposit funds in their wallets, impeding them from making any fresh investments.
11 May 2021, 01:41 PM IST i

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A road closed temporary traffic sign sits near a site purchased by the U.K. government near Ashford, U.K. (Photographer: Chris Ratcliffe/Bloomberg)
Rajat Raut, a 26-year old doctor from Beed in Maharashtra, hasn’t been able to deposit funds into his cryptocurrency wallet for the past three days. With deposits not working, Raut is unable to make any fresh investments.“I wanted to buy more Ether as it was gaining price, but my deposit did not go through, and since then Ether’s price has gone up further,” he told BloombergQuint over a call. “Even if deposits start working now, I wi...

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