Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
U.S. Dollar Climbs as Trump Escalates Rhetoric Against Iran 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback 
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead 
China's Services Sector Maintains Growth Streak Despite March Slowdown 
Asian Markets Rally on Iran Ceasefire Hopes as US-Iran Tensions Simmer 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Gold Prices Drop as Trump Escalates Iran Threats, Oil Surges 
Japan Signals Readiness to Intervene as Yen Weakens Toward 160 Per Dollar 
Dollar Holds Steady as Yen Nears Critical 160 Level Amid Iran War Escalation 
The State Bank of India (SBI) has blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI).
Consequently, SBI bank customers cannot transfer funds via UPI to crypto exchanges to buy cryptocurrencies, including bitcoin.
Several banks in India have been clamping down on fund transfers to crypto exchanges.
However, the National Payments Corporation of India (NPCI) said it would not block payments to crypto companies using UPI.
Instead, it advised banks to make their own decisions whether to allow transactions involving cryptocurrencies based on their risk assessment.
SBI's decision could make many other banks reluctant to onboard crypto merchants on their respective UPI platforms.
Nischal Shetty, CEO of Wazirx, one of the largest Indian cryptocurrency exchanges, said they’re trying to discuss and put forward their points to SBI as millions of Indians are currently affected.
