Reportedly, the customers of the HDFC Bank are officially asked to Ignore the previous letter warning them about dealing in cryptocurrency transactions. Accordingly, the previous notice had cited a 2018 circular by the Reserve Bank of India (RBI) which was later struck down by the Supreme Court in 2020. The new circular issued by RBI stated, “We request you to ignore our earlier communication dated May 28, 2021, Inconvenience caused is regretted.”