Coinbase Leaves India. Why?

Coinbase Leaves India. Why?

Coinbase clarifies service halt reports for Indian customers.
Indian users urged to withdraw funds by Sept. 25.
In recent developments, Coinbase, a prominent cryptocurrency exchange, has been at the center of speculation regarding the suspension of its services for Indian customers. However, the company has provided a much-needed clarification on the matter.
The controversy began when American online newspaper TechCrunch published a report hours ago, suggesting that Coinbase was gearing up to cease all operations for its Indian user base by September 25. Allegedly, Coinbase India users received emails warning them to withdraw their funds from the platform before the specified date.
However, it appears that the email notification was not a sweeping action affecting all Indian users. Instead, it was specifically aimed at those who were found to be in breach of Coinbase’s updated standards.
A Coinbase spokesperson shared a portion of the email that was shared on sept.8 to a famous crypt

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