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TEXXR

Chronicles

The story behind the story

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At least seven crypto firms have suspended rupee deposits; CoinGecko: daily trading volumes on Indian crypto exchanges have fallen 88%-96% since peaking in 2021

When Surojit Chatterjee walked on stage at a Coinbase Global Inc. conference in Bengaluru, India, on April 7 …

Bloomberg

Discussion

  • @economics @economics on x
    Coinbase unveiled a way for customers in India to deposit money to its crypto exchange. Then the trouble started https://www.bloomberg.com/...
  • @adityakalra Aditya Kalra on x
    Reuters Story: India's CoinSwitch, WazirX disable rupee deposits to purchase crypto using state-backed transfer system UPI, sparking concerns. Source says decision due to “regulatory uncertainty” after NPCI said not aware of any exchange using UPI https://www.reuters.com/...
  • @reutersbiz @reutersbiz on x
    Big Indian crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of cryptocurrency using a widely-used state-backed transfer system, spurring users to voice concern on social media. More here: https://www.reuters.com/... https://twitter.com/..…
  • @reutersworld @reutersworld on x
    Indian investors alarmed as crypto exchanges block transfer network https://www.reuters.com/... https://twitter.com/...