SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning (news.bitcoin.com)

SBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards.
Also Read: 

Bitcoin

Tether Printing Press In High Gear, Issuing $400 Million in Four Days (news.bitcoin.com)

Bitcoin has had a rocky week to say the least. At its lowest point, the cryptocurrency dipped to $ 9,200 before a rising green candle sent it scurrying back into the safety of five figures. That candle was sparked by the release of $ 100m worth of tethers – surrogate US dollars – and was followed by another $ 100m issued for the next three days in a row. Tethers are propping up the bitcoin market right now, but what happens when the music stops? Should regulators wade in or Tether shut

Bitcoin

India Considers Issuing Its Own Bitcoin-Like Cryptocurrency as Legal Tender (news.bitcoin.com)

While working on creating a legal framework for bitcoin and other digital currencies, the Indian government is now considering launching its own bitcoin-like cryptocurrency. The proposed government cryptocurrency is to be issued by the Reserve Bank of India (RBI).
Also read: Indian Bitcoin Hotspot Bangalore Sees 50+ Merchants Added

Bitcoin