Crypto
Coinbase restarts rupee transfer service in India
Coinbase has launched direct rupee deposits and withdrawals in India. Users can move rupees between local bank accounts and Coinbase via the Immediate Payment Service (IMPS). They can also use spot trading, perpetual futures and advanced trade on one platform. The move aligns with Coinbase’s plan to expand again in India after halting UPI-based deposits in 2022. Coinbase registered with India’s FIU in March 2025, saying it gained a formal basis under AML rules.
