On Thursday, hours after Coinbase’s trading launch in India, NPCI tweeted it is “not aware of any crypto exchange” using UPI. At the time, Coinbase responded with a statement that said it was actively experimenting with a number of payment methods., one of which was UPI and that it was”committed to working with NPCI and other relevant authorities to ensure we are aligned with local expectations and industry norms.”
Source: https://www.coindesk.com/business/2022/04/10/upi-was-central-to-coinbase-india-launch-now-the-crypto-exchange-says-its-unavailable/?utm_medium=referral&utm_source=rss&utm_campaign=headlines