With zero MDR on UPI, users were able to buy crypto at cheaper prices and in smaller volumes. UPI payment soon became the most lucrative payment feature for Indian crypto exchanges. Lately ...

The decision follows a statement from the National Payments Corporation of India saying it was unaware of any crypto ... UPI would be the first step for people in India who wanted to buy ...

This comes after the NPCI had issued a statement saying it was not aware of any cryptocurrency platform using UPI. CoinSwitch Kuber, the popular crypto trading platform has completely halted rupee ...

Coinbase promptly disabled the UPI option on its platform, leaving Indian users with virtually no way to continue trading on the exchange. Other crypto exchanges, including billion dollar startups ...