Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch

CoinDesk Staff

(11:30 PM UTC)

1 min read

Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.

Nasdaq-listed Coinbase exchange announced Monday a major market move: the launch of direct rails for Indian rupees (INR).

Starting June 1, 2026, the exchange's Indian customers can deposit and withdraw rupees directly from their bank accounts via the Immediate Payment Service (IMPS), a move designed to…

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