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RegulatoryNDTV Profit

Coinbase, Unocoin, ZebPay hit by banking outage

Negative-67

GreyOak summary

Coinbase India suspended INR withdrawals due to an outage at its banking partner, affecting all clients. Users have been unable to withdraw funds for over five days. These disruptions highlight the heavy reliance of crypto exchanges on banking infrastructure.

What it affects

  • Financial ServicesNegative -67

    Banking partner outage disrupted crypto payouts.Rolling sentiment Positive +18

Source

Read the original at NDTV Profit

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