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Coinbase goes live in India with direct INR rails, Brian Armstrong notes

Coinbase goes live in India with direct INR rails, Brian Armstrong notes
Coinbase launches in India with INR rails

Brian Armstrong, co-founder and chief executive officer at Coinbase, announced the launch of Coinbase in India with direct INR payment rails for users. Deposit and withdrawal options are now available for select users, with full rollout expected over the next two weeks. Armstrong describes India as potentially the top crypto market globally by number of users.

Armstrong previously introduced a feature allowing users to direct deposit paychecks to Coinbase. The offering enabled auto-investment, lending, or spending from user accounts. He also highlighted Coinbase as the first regulated platform for U.S. users to access global crypto options previously unavailable.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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