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0 sats \ 2 replies \ @cointastical 17 Apr 2022 \ parent \ on: How Coinbase CEO Brian Armstrong Just Destroyed the Crypto Exchange Industry For All of India bitcoin
I'm sure this has caused disruption for quite a number of people and businesses. For example:
• Coinbase halted UPI 3 days after its India launch.
• 70% of WazirX's business has eroded since Mobikwik cut services to crypto exchanges
• Banks are at will to cut off services to crypto companies.
India's rank may've improved in ease of doing biz, but struggles continue!
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0 sats \ 1 reply \ @cointastical 17 Apr 2022
Hmm...
India's central bank has approved another chunk of 60 million users on UPI for Meta Platforms, Inc-owned WhatsApp.
With this, WhatsApp will be able to expand the service to its 100 million users in India.
WhatsApp Gets India Nod to Raise UPI User Base To 100M While Coinbase And Other Crypto Exchanges Face Snub https://www.benzinga.com/markets/cryptocurrency/22/04/26628009/whatsapp-gets-india-nod-to-raise-upi-user-base-to-100m-while-coinbase-and-other-crypto-exc
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0 sats \ 0 replies \ @cointastical 17 Apr 2022
How do they allocate these 60 million slots -- first come first serve?
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