Cryptocurrency News

Coinbase suspends crypto payment services days after India launch

04/11/2022

Less than a minute

2022.04.11 07:51

Coinbase suspends crypto payment services days after India launch

The largest US-based crypto exchange Coinbase (NASDAQ:COIN) has stopped payment services through United Payments Interface (NASDAQ:TILE) (UPI) on its platform for Indian users just three days after its launch in the South Asian subcontinent.

The UPI is the payment portal governed by the National Payment Corporation of India (NPCI), which facilitates buy orders on Coinbase’s India services. The exchange has already updated its payment method information on its website for Indian users, which urges users to try Immediate Payment Service (IMP) to place sell orders.

04/11/2022

Less than a minute

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