Indian bank customers will be able to buy cryptocurrency using accounts

India’s largest banks have allowed their clients to buy digital assets using their existing accounts. In addition, it is reported that lending institutions have resumed cooperation with cryptocurrency exchanges.

The head of the Bitbns trading platform, based in Bangalore, Gaurav Dahake, recalled that even after the decision of the Supreme Court to overturn the ban of the Central Bank on serving crypto companies, banks did not meet them halfway. The situation changed after investors again turned their attention to the bitcoin rate, which rushed up in the summer. After that, more and more users began to demand from banks to open an account intended for crypto trading.

At the same time, The Economic Times notes, referring to its own sources, that some credit institutions continue to be wary of cryptocurrency companies and only work with some of them.