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Coinbase is in India for the long-term: CEO Brian Armstrong

Announces UPI-backed crypto trading for Indian users

Photo: Bloomberg
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Photo: Bloomberg

Deepsekhar Choudhury Bengaluru
US-based crypto platform Coinbase, which debuted on Nasdaq last year at a market capitalisation of $100 billion, announced the launch of its crypto trading platform in India on Thursday. 

The company said that crypto traders in India can sign up on the platform with their Aadhaar cards and use their United Payments Interface (UPI) accounts to buy and sell crypto on the app.

“Coinbase has a long-term plan for investing in India. It has a lot of engineering and entrepreneurial talent, and has shown a lot of willingness to embrace new technologies”, founder and CEO Brian Armstrong said at an

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