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
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/...
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/..…