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Friday, 24 March2023

Coinbase forced to cease UPI payments in just three days

Coinbase forced to cease UPI payments in just three days

<p>Coinbase, a cryptocurrency trading platform based in the US, has temporarily disabled the ability to buy cryptocurrencies in India via the UPI.&nbsp;On Sunday, Coinbase&#39;s mobile app stated, &quot;Purchases with this payment method are temporarily unavailable.&quot; The firm which&nbsp;announced its entry in India&nbsp;on April 7,&nbsp;came under fire from the National Payments Corporation of India (NPCI), which oversees UPI, when it stated that users would be able to buy crypto via UPI.<br /> &nbsp;</p>

Read full story at Economic Times
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