{"id":"tp-9112","type":"article-newspaper","title":"Indian bank bars customers from investing in crypto overseas using RBI’s remittance system","author":"Mark Jason Alcala","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/investing/9112","datePublished":"2021-07-15T04:11:02.000Z","dateModified":"2021-07-15T04:11:02.000Z","language":"en","abstract":"ICICI Bank, the largest private sector bank in the country, updated its remittance form requiring clients to declare that they will not use foreign remittances to buy digital currencies abroad.","section":"Regulation","references":[{"title":"Economic Times","url":"https://economictimes.indiatimes.com/tech/technology/icici-bank-shuts-the-lrs-door-for-crypto-traders/articleshow/84254929.cms"},{"title":"declaration","url":"https://www.icicibank.com/managed-assets/docs/personal/accounts-and-deposits/A2-cum-LRS-Form.pdf"},{"title":"RBI","url":"https://tokenpost.com/Reserve-Bank-of-India-tells-banks-to-stop-quoting-the-2018-crypto-circular-8746"},{"title":"crypto exchanges","url":"https://www.tokenpost.com/Indian-banks-asked-to-cut-ties-with-crypto-exchanges-and-traders-8453"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}