These platforms fall into somewhat of a gray area. Since they are not classified as banks or lending institutions, they are outside the reach of the Federal Reserve or the Office of the Comptroller of the Currency
Now that SBI has made its decision, many other banks may be reluctant to onboard crypto merchants on their respective UPI platforms
Binance has made efforts to embrace best governance practices, but it has faced challenges
All three banks are members of Contour, the trade finance blockchain network with which GSBN has already partnered
