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Indian central bank-backed NPCI begins blockchain recruitment
4.9.2023
Singapore, Malaysia, UAE, France, BENELUX countries, Nepal and the UK have adopted the NPCI's UPI payments system in varying degrees
Indian Banks Request NPCI Clarification on Crypto UPI Payments
25.4.2022
The crypto industry has become an unavoidable force in the finance sector that even traditional institutions are looking to adopt. While world governments like the USA are being blamed for joining the crypto race late, India seems to be moving to the next level with crypto UPI. A few months...
Indian Crypto Exchanges Disable UPI, Other Payment Options
14.4.2022
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges....
Coinbase suspends crypto payment services days after India launch
11.4.2022
America’s largest exchange suspended some payment services on its newly launched Indian exchange due to pressure from the local payment regulators
Crypto Exchange Coinbase Launches in India — Quickly Runs Into Trouble With UPI Payment System
8.4.2022
Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface (UPI) support. However, moments later, the National Payments Corporation of India (NPCI), which developed UPI, stated that no crypto exchange is using the...
New Blockchain-based Vajra Platform Announced by NPCI: A Move Towards Improving Payment Systems
10.12.2019
Blockchain has been creating quite a stir across all sectors of industries in India since its inception. Based on the number of patents in the blockchain space, India stands 6th on the list. As such, blockchain is still in its budding stage, but Bitcoin has become quite popular in the Indian...