DBS-owned Indian Bank to Close Account Over Crypto-Related Activity: Report

India’s first digital bank, Digibank, is allegedly closing accounts involved in cryptocurrency-related activity. The claim was made by Twitter user “Indian CryptoGirl” (@Desicryptohodlr) in a tweet posted Jan. 14.

As previously reported, the same Twitter user had just recently posted details of alleged anti-crypto restrictions being imposed on account holders by Kotak Mahindra Bank, India’s second largest private sector bank by market cap.

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