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CoinSwitch and WazirX Disable Cryptocurrency Deposits via Rupee Using UPI

CoinSwitch Kuber and WazirX disabled cryptocurrency deposits via Rupee (INR) on its app using Unified Payments Interface (UPI). Besides UPI, bank transfers through NEFT/RTGS/IMPS were also disabled.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

CoinSwitch and WazirX Disable Cryptocurrency Deposits via Rupee Using UPI
CoinSwitch Kuber and WazirX disabled cryptocurrency deposits via Rupee (INR) on its app using Unified Payments Interface (UPI). Besides UPI, bank transfers through NEFT/RTGS/IMPS were also disabled.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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