Coinbase Launches Direct Indian Rupee Deposit and Withdrawal Rails
60-second summary
Coinbase is launching direct Indian Rupee deposit and withdrawal rails for its Indian customers after securing regulatory clearance, enabling seamless rupee trading. This move comes after months of anticipation, and the exchange has reportedly secured necessary permissions from Indian authorities. The development is expected to boost Coinbase's user base and trading volumes in the region.
The U.S. exchange has established direct rupee trading rails for Indian customers after securing regulatory clearance.