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Coinbase Launches Direct Indian Rupee Deposit and Withdrawal Rails

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Decrypt Editorial
(11:11 AM UTC)
1 min read
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Updated bySarah Chen

In brief

  • Coinbase has launched direct Indian rupee deposit and withdrawal rails through India's Immediate Payment Service.
  • The exchange has established dedicated INR order books for local currency trading.
  • India ranks first globally in crypto adoption, with the market projected to reach $14.21 billion by 2034.

Coinbase has launched direct INR banking rails in India that route deposits and…

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