Indian Banks Seeking Clarity from NPCI on the Use of UPI for Crypto Transactions

Banks in India have reached out to the National Payments Corporation of India (NPCI) – a government agency under India’s Central Bank Reserve Bank of India in charge of operating retail payments and s...

Indian Banks Request NPCI Clarification on Crypto UPI Payments

The crypto industry has become an unavoidable force in the finance sector that even traditional institutions are looking to adopt. While world governments like the USA are being blamed for joining the...

Coinbase Halts UPI Deposits in India following the NPCI statement

Coinbase halts payments via Unified Payments Interface (UPI) on Sunday in less than 4 days after the its launch. Clients of the crypto exchange in India are unable to purchase cryptocurrencies via UPI...