ICICI and some Crypto Rumours

in HODLlast month


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Recently we have once again seen some new rumours from India about Cryptocurrencies and it is not a good one. The rumour states that ICICI which is a Private Bank here in India has apparently stopped giving support to Cryptocurrency related transactions which means if you have an account on ICICI Bank and you transact in Crypto then your account might get frozen. Yes, this is indeed a bad thing and Banks don't have the right to do so especially after we won the case against the Banking Ban against Crypto. So yeah they can definitely get into some legal troubles because of that.

But the thing that kind of pisses me the wrong way is that this news is not verified yet as I don't see any people coming out with statements on Twitter about their accounts getting Frozen. The only source we have is this article which surprisingly has a Pay Wall on it to read the entire article.

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All the other articles on the Internet are just this article with the headlines a bit different. SO yeah this really looks like a cheesy stunt to garner some subscribers for their Blog. This is really getting old and I really want to know why these people are not liable to spread news without even getting to know the Truth. They know that this topic is sensitive and chances are every 1 people out of 20 might subscribe and that is all they are looking for. This is Just Clickbait on a whole another level.

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