Coinbase launches rupee bank rails in India after FIU nod

The U.S. exchange has established direct rupee trading rails for Indian customers after securing regulatory clearance.

The post GENIUS Act Deadlines Loom, ECB Pushes Digital Euro as Coinbase Opens India INR Rails appeared on BitcoinEthereumNews.com. Crypto News The opening week of June places U.S. stablecoin policy under hard deadlines, with comment periods for the GENIUS Act frameworks scheduled to close at the Treasury, FDIC, and FinCEN on June 2. The closures convert federal statute into operational requirements that issuers must build against, settling questions over reserves, yield, and licensing. Banking lobbies have pressed to slow the rollout, particularly around yield-bearing stablecoins, an objection that helped stall the Clarity Act for months. The Senate floor reopens on June 3 to consolidate market structure provisions with CFTC oversight and GENIUS amendments into one vehicle, with sponsors targeting an August signing. ECB board member Isabel Schnabel argued in Seoul on Monday that central banks must respond to swelling stablecoin volumes with stricter regulation and retail central bank d

The post Coinbase Stock Analysis: 3 Key Levels After the Rebound appeared on BitcoinEthereumNews.com. Coinbase Stock (COIN) is attempting an intraday rebound, yet the daily trend remains defensive. Shares closed at $189.03 on May 29, below key averages. Regulatory catalysts may aid sentiment; however, the chart still needs confirmation before a durable turn. COIN — daily chart with candlesticks, EMA20/EMA50 and volume. Daily Technical Outlook for Coinbase Stock Trend and Moving Averages On the daily timeframe, COIN sits below the 20-day EMA at $190.84, the 50-day at $192.79, and the 200-day at $224.23. For Coinbase Stock, trading under this 20/50/200-day stack keeps the primary bias bearish until those levels are reclaimed. Momentum and Volatility Daily RSI(14) is 48.64, hovering just under the midline. Momentum is neutral to soft, not yet a trend reversal. Daily MACD remains below the signal with a negative histogram (line -2.71, signal -0.58, hist -2.13). Therefore, downside momentum

The post Coinbase Launches in India with Rupee Rails & Perps appeared on BitcoinEthereumNews.com. Coinbase officially launched in India on June 1, 2026 with direct INR support. Users can deposit/withdraw INR directly via IMPS, no P2P needed. Spot trading and perpetual futures now available with local INR order books. Coinbase has officially introduced direct Indian rupee (INR) payments and withdrawals in India. This represents a significant step toward its return to one of the world’s fastest growing cryptocurrency markets.  Starting June 1, Indian users can send payments immediately via IMPS. Direct IMPS Integrations via Rupee Rails In addition to spot trading, Coinbase provides Indian users with perpetual futures contracts covering major crypto assets, according to the announcement.  This represents a significant step toward its return to one of the world’s fastest-growing cryptocurrency markets.  Coinbase Opens INR Rails In India Coinbase (@coinbase) has launched direct INR deposits

Coinbase India Re-Launch: Buy Crypto in INR Explained The post Coinbase Exchange Relaunches in India: a New Era For Crypto Asia? appeared first on 99Bitcoins.

Coinbase officially launched in India on June 1, 2026 with direct INR support. Users can deposit/withdraw INR directly via IMPS, no P2P needed. Spot trading and perpetual futures now available with local INR order books. Coinbase has officially introduced direct Indian rupee (INR) payments and withdrawals in India. This represents a significant step toward its return […] The post Coinbase Expands in India With Rupee Rails and Perps Trading appeared first on Live Bitcoin News.

The post Coinbase INR support India: IMPS rupee deposits and withdrawals appeared on BitcoinEthereumNews.com. Coinbase INR support India is finally live in a form many users have been waiting for: direct rupee transfers. On June 1, Coinbase launched direct Indian rupee support in India, letting customers deposit and withdraw funds through IMPS instead of relying on awkward peer-to-peer routes to move money in and out. That may sound technical, but the shift is straightforward. Indian users now have a direct banking rail for rupee transfers on Coinbase, and that matters because payment friction has long shaped the day-to-day crypto experience in the country. It also gives the launch a comeback feel. Coinbase’s earlier push into India hit a wall in 2022 when its attempted UPI rollout unraveled quickly. This time, the company has returned with a different payments route, a compliance footing through FIU-IND registration, and a clearer bid to compete in one of crypto’s most active retail m

The post Coinbase Opens Direct INR Deposits for Indian Users appeared on BitcoinEthereumNews.com. Coinbase has opened direct Indian rupee (INR) deposits and withdrawals for customers in India, letting them move money between bank accounts and the exchange without intermediaries. The rollout is gradual. Several Indian users report a “Buys not supported” prompt after finishing onboarding, while the company says access keeps expanding. Coinbase’s Second Attempt After the 2022 Retreat Coinbase routes the new deposits through the Immediate Payment Service (IMPS), India’s interbank transfer system. It is not using the Unified Payments Interface (UPI) for now. That choice matters. In 2022, the exchange launched with UPI support and suspended it within three days. The shutdown followed a public statement from the National Payments Corporation of India. Chief executive Brian Armstrong later blamed informal pressure from the Reserve Bank of India. The dispute forced Coinbase into crypto-to-crypt