Coinbase Halts India’s UPI Support After Regulatory Uncertainty

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Coinbase Halts India’s UPI Support After Regulatory Uncertainty

 
Major crypto exchange Coinbase has halted support for the Unified Payments Interface (UPI), India’s payment system, following a statement by the country watchdog that claimed it was not aware of “any crypto exchange using UPI.”
“Purchases with this payment method are temporarily unavailable,” Coinbase’s mobile application currently says when choosing the UPI method….
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