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It was hilarious. Coinbase called it was due to “informal pressure from the regulator”. It’s quite likely, they never had a clear bank partner in India, merely
by captn3m0 4y ago
It was hilarious. Coinbase called it was due to “informal pressure from the regulator”. It’s quite likely, they never had a clear bank partner in India, merely a third party fintech company as a proxy.
It’s quite unlikely a large bank will take a stance on crypto, especially as public opinion has shifted now, with many calling RBI’s stance (anti-crypto) exceptionally good in hindsight.
https://www.cnbctv18.com/cryptocurrency/coinbase-ceo-says-exited-india-crypto-market-in-three-days-due-to-informal-pressure-from-rbi-but-will-return-13446072.htm https://www.cnbctv18.com/cryptocurrency/coinbase-ceo-says-ex...